World Precision Machinery Returns to Attributable Profit in Q1
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World Precision Machinery booked an attributable profit of 949,000 yuan during the quarter ended March 31, against an attributable loss of 607,000 yuan a year earlier, according to a Tuesday filing with the Singapore Exchange. Earnings per share came in at 0.000024 yuan compared with a loss per share of 0.000016 yuan in the year-ago period. Revenue declined 0.9% year over year to 183.5 million yuan from 185.2 million yuan, as sales of conventional stamping machines decreased by 14%.
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