HK Stock Market Move | IMPRO PRECISION (01286) rises over 7% in the afternoon; third-quarter revenue up 31% year-on-year; full-year sales growth rate raised
IMPRO PRECISION (01286) opened lower but trended higher today, with its gain widening to over 7% in the afternoon.
IMPRO PRECISION (01286) opened lower but moved higher today, with gains widening to over 7% in the afternoon. As of press time, it is up 6.21% at HK$6.5, with turnover of HK$20.0026 million.
On the news front, IMPRO PRECISION announced its third-quarter operating data at midday. Third-quarter revenue was HK$1.782 billion, up 31% year-on-year, while revenue for the first three quarters was HK$4.8 billion, up 26% year-on-year. By segment, Diversified Industrial third-quarter revenue rose 49.8% year-on-year, of which thermal management grew 241% and high-horsepower engines grew 53.3%. IMPRO PRECISION Chairman and Chief Executive Officer Lu Ruibo said the group expects sales growth to remain strong in the fourth quarter and has raised its full-year 2026 sales year-on-year growth rate to 25% to 30%.
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