IMPRO PRECISION's revenue in the first three quarters increased by 6.8% year-on-year, expecting full-year sales growth in the high single digits to double digits

IMPRO PRECISION (01286.HK) announced its performance for the first three quarters ending in September, with total revenue of HKD 3.811 billion, an increase of 6.8% year-on-year. Among them, the diversified industrial segment grew by 22.5% to HKD 2.072 billion; the automotive segment decreased by 9.1% to HKD 1.158 billion; and the aviation, medical, and energy segments fell by 3.5% to HKD 0.581 billion.

In the third quarter alone, total revenue was HKD 1.361 billion, an increase of 16.8% year-on-year. Among them, the diversified industrial segment grew by 40.6% to HKD 0.778 billion; the automotive segment decreased by 12.7% to HKD 0.355 billion; and the aviation, medical, and energy segments increased by 11.2% to HKD 0.228 billion.

The company's chairman and CEO, Lu Ruibo, stated that IMPRO achieved robust sales performance in the third quarter, with the global economy continuing to fluctuate under the uncertainty of U.S. tariff policies and geopolitical tensions. However, sales in the diversified industrial and aviation, medical, and energy segments demonstrated strong resilience, with terminal markets related to artificial intelligence, such as high-power engines and other diversified industrial products, showing particularly bright sales in the third quarter. Sales in the recreational boats and vehicles and medical terminal markets also saw significant year-on-year increases in the third quarter. Except for the automotive segment, all other terminal markets accelerated in sales during the third quarter, and the group forecasts a year-on-year sales growth rate reaching high single digits to double digits for the entire year