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An announcement from China High Precision Automation Group Ltd. ( (HK:0591) ) is now available.
China High Precision Automation Group Ltd. has issued a positive profit alert, indicating a significant financial turnaround for the fiscal year ending June 30, 2025. The company expects to report a profit between RMB16.0 million and RMB19.0 million, a stark contrast to the RMB32.7 million loss recorded the previous year. This improvement is attributed to increased sales and services in their automation technology sector. Stakeholders are advised to exercise caution as the results are preliminary and subject to final adjustments.
The most recent analyst rating on (HK:0591) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China High Precision Automation Group Ltd. stock, see the HK:0591 Stock Forecast page.
More about China High Precision Automation Group Ltd.
China High Precision Automation Group Ltd. operates in the automation industry, focusing on the production and sale of automation instruments and technology products. The company also offers consigned processing services related to these products.
Average Trading Volume: 8,096,994
Technical Sentiment Signal: Hold
Current Market Cap: HK$461.7M
Learn more about 0591 stock on TipRanks’ Stock Analysis page.