World Precision Machinery Predicts Profit for Q4, FY2024

Trading View
2025.02.25 02:37
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World Precision Machinery expects to report a profit after tax for full-year 2023 and the fourth quarter of 2024, according to a filing with the Singapore Exchange on Monday. While the company anticipates a profit, no specific figures were provided in the announcement. In 2023, the Chinese stamping machines manufacturer booked an attributable profit of 6 million yuan, down 75.5% from 23.58 million yuan in 2022. The company will release its 2024 results on March 1. World Precision Machinery's shares were down nearly 2% in recent trading in Singapore.

World Precision Machinery expects to report a profit after tax for full-year 2023 and the fourth quarter of 2024, according to a filing with the Singapore Exchange on Monday.

While the company anticipates a profit, no specific figures were provided in the announcement.

In 2023, the Chinese stamping machines manufacturer booked an attributable profit of 6 million yuan, down 75.5% from 23.58 million yuan in 2022.

The company will release its 2024 results on March 1.

World Precision Machinery's shares were down nearly 2% in recent trading in Singapore.

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