C HIGHPRECISION (00591) announced its interim results, with a net profit of 3.788 million yuan, a year-on-year decrease of 76.04%.

C HIGHPRECISION (00591) announced its interim results for the six months ending on December 31, 2025, with revenue of 85.48 million yuan, a decrease of 26.48% year-on-year; net profit of 3.788 million yuan, a decrease of 76.04% year-on-year; and earnings per share of 0.37 cents. The announcement stated that the decrease in revenue was mainly due to delays in projects leading to a decrease in sales of industrial automation instrument products in the petroleum and petrochemical industries, partially offset by a slight increase in entrusted processing services for automation instruments and technical products. Faced with global economic uncertainty, the group continues to be affected by various challenges brought about by the slowdown in economic growth for industrial automation instruments. The decrease in net profit was primarily due to the decrease in sales of industrial automation instrument products and an increase in net foreign exchange losses, partially offset by the following factors: (i) other income mainly increased due to the reversal of provisions for Chinese medical insurance and Chinese housing provident fund, and (ii) reversal and reduction in inventory provisions amounted to approximately 764,000 yuan.