2 stories mentioning HKG:1651
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Tsugami (TYO:6101) logged a segment profit of 31.16 billion yen in the 12 months ended March 31, 2026, in China, up 39% from 22.34 billion yen a year prior, according to a Hong Kong bourse filing Wednesday.Revenue for the period in China rose by 23% year over year to 111.04 billion yen from 90.48 billion yen in the year-ago period.Tsugami is the controlling shareholder of Precision Tsugami (China) (HKG:1651).
Precision Tsugami (China) (HKG:1651) expects to record an attributable profit of about 1.09 billion yuan for the year ended March 31, up about 40% from 782 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.The expected increase in profit is mainly due to stronger equipment demand from the domestic manufacturing sector, including automotive, 3C, and pneumatic and hydraulic industries, as well as rising demand from emerging sectors such as AI liquid cooling and semiconductors.