Understanding the Market | C HIGHPRECISION falls over 14%, expected annual net profit of approximately 16 million to 19 million yuan

C HIGHPRECISION fell over 14%, as of the time of writing, down 14.44%, reported at HKD 0.385, with a trading volume of HKD 5.5259 million. In terms of news, on the evening of September 12, C HIGHPRECISION announced that the group expects to achieve a profit attributable to the company's owners of approximately RMB 16 million to 19 million for the fiscal year ending June 30, 2025, compared to a loss of approximately RMB 32.7 million for the same period in 2024. Notably, the company's previously announced results for the six months ending December 31, 2024, showed that in the first half of the fiscal year, the company achieved revenue of RMB 116 million, a year-on-year increase of 60.3%; the net profit was RMB 15.81 million