HongKong:1286

Impro Precision: Interim results continue to improve, stock price rises amid adversity, and US peer also climbs to new high

Retrieved on: 
Wednesday, August 16, 2023

By end-market, sales to the aerospace, energy and medical end-markets amounted to HK$320 million, a 67.3% surge year-on-year.

Key Points: 
  • By end-market, sales to the aerospace, energy and medical end-markets amounted to HK$320 million, a 67.3% surge year-on-year.
  • The high horsepower engine end-market in particular, which benefited from the increasing demand for large power equipment, saw a 20.7% year-on-year increase in sales.
  • Impro Precision's pre-emptive layout of the aerospace business is expected to achieve high, continuous growth upon full recovery of the global aerospace market.
  • At present, the company's share price consolidates at a high level and has support above the stock year line.

Impro Precision: 2022 revenue rises by 15% for the first time exceeding RMB 4 billion, four growth pillars to support future development

Retrieved on: 
Wednesday, March 15, 2023

The Company's sales revenue increased by 15.3% year-on-year to HK$4.355 billion (HK$, same below), which is strong growth in view of last year's global economic situation.

Key Points: 
  • The Company's sales revenue increased by 15.3% year-on-year to HK$4.355 billion (HK$, same below), which is strong growth in view of last year's global economic situation.
  • In fact, revenue from the commercial vehicle end market increased by 18.7% to $896 million, which basically was able to offset the decline in revenue from the passenger car end market.
  • Also, the business integration of Danfoss Jiangsu is progressing well with growth to be realized this year, and still stronger earnings growth expected in 2024.
  • This practice allows for the distribution of dividends in a faster manner, providing shareholders with an early return on their investment.

Impro: Share price of U.S. peer up nearly 300% in three years. Impro issues positive profit alert with extremely low comparable valuation

Retrieved on: 
Monday, January 16, 2023

For well-managed companies, there is never a shortage of capital and opportunity in the capital market.

Key Points: 
  • For well-managed companies, there is never a shortage of capital and opportunity in the capital market.
  • The stock price of Howmet Aerospace (US stock code: HWM) has been on an upward trajectory, hitting new all-time highs.
  • Impro (01286.HK) is a company listed on the Hong Kong capital market and is engaged in the same investment casting business as Howmet.
  • It is believed that, under the catalyst of multiple factors, Impro will move further along the new capital market curve.