World Precision Machinery Predicts Profit for Q4, FY2024

MT Newswires

02-25

World Precision Machinery (SGX:B49) 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.

Price (SGD): S$0.28, Change: S$-0.0050, Percent Change: -1.75%

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