Precision Tsugami (China) Corp. Ltd. (HK:1651) has released an update.
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Precision Tsugami (China) Corp. Ltd. has reported a significant profit increase, with an expected 54% rise to approximately RMB340 million for the first half of 2024. This growth is attributed to the recovery of China’s domestic economy, particularly the manufacturing sectors, and the company’s efforts in optimizing operations. Investors are advised to stay informed as the company plans to release detailed interim results in mid-November 2024.
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