International Precision (00929) announced interim results. Profit attributable to shareholders of HK$2,435 million increased 10.43% year-on-year

According to the Zhitong Finance App, International Precision (00929) announced interim results for the six months ended June 30, 2026. The group obtained revenue of HK$627 million, an increase of 28.63%; profit attributable to the company's equity shareholders was HK$2,435 million, an increase of 10.43% year on year; profit per share was HK0.2 cents.

The gross profit for the first half of this year was HK$178.66 million, compared to HK$137 million in the same period last year. Faced with domestic competition and multiple factors such as the geographical conflict between the US and Iran driving up the cost of raw materials, the gross margin for the first half of this year was 28.5%, which remained at the same level as the gross profit margin of 28.1% in the same period last year.