Summary by Moomoo AI
China High Precision Automation Group Limited (the “Company”) announces unaudited interim results for the six months ended 31 December 2023. During the period, the income of the Company and its subsidiaries (the “Group”) increased slightly to approximately RMB72,536,000 and gross profit of RMB18,154,000, but recorded an operating loss of approximately RMB5,667,000 and an interim loss of approximately RMB5,680,000 by the Company's owners. Basic and diluted loss per share was RMB0.55 cents. During the period, the Group's main business was the production and sale of high-precision industrial automation instrumentation and technology products, and was affected by various factors such as international geopolitical fluctuations, the global economic downturn, the COVID-19 pandemic. The Group has production facilities in Maei Technology Park and Fuzhou Economic and Technical Development...Show More