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Precision Tsugami’s Parent Company to Announce Financial Results

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Precision Tsugami’s Parent Company to Announce Financial Results

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Precision Tsugami (China) Corp. Ltd. ( (HK:1651) ) just unveiled an update.

Precision Tsugami (China) Corp. Ltd announced that its controlling shareholder, Tsugami Japan, will release its financial results for the nine months ending December 31, 2024. These results will include financial data from its Chinese operations, including those of Precision Tsugami and its subsidiaries. While the financial results adhere to International Financial Reporting Standards, differences in entity consolidation mean they are not directly comparable to Precision Tsugami’s own financial disclosures. This announcement, scheduled for January 30, 2025, may impact stakeholders by providing insights into the company’s financial health and operations in China.

More about Precision Tsugami (China) Corp. Ltd.

Precision Tsugami (China) Corp. Ltd is a company engaged in the manufacturing industry, primarily focused on precision machine tools and equipment. The company operates within the Chinese market and is a subsidiary of Tsugami Corporation, which is listed on the Tokyo Stock Exchange and holds a majority stake in Precision Tsugami.

YTD Price Performance: -1.16%

Average Trading Volume: 168,347

Technical Sentiment Consensus Rating: Sell

Current Market Cap: HK$4.54B

For detailed information about 1651 stock, go to TipRanks’ Stock Analysis page.

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