HK Stock Market Move | TSUGAMI CHINA (01651) rose nearly 6% in the afternoon, with the company expecting a mid-term net profit of about 502 million yuan, a year-on-year increase of 48%.

TSUGAMI CHINA (01651) announced a mid-day profit report, resulting in a nearly 6% increase in stock price in the afternoon. As of the time of this report, the stock is up 2.67% at HKD 31.5, with a trading volume of 95.496 million Hong Kong dollars. In terms of news, TSUGAMI CHINA released an announcement stating that the group is expecting a net profit attributable to owners of the company of approximately RMB 502 million for the six-month period ending on September 30, 2025, representing an increase of about 48% compared to the six-month period ending on September 30, 2024, with a net profit of approximately RMB 340 million (unaudited). The board of directors believes that the group's performance growth is attributed to the continuous recovery of the domestic economy. The transformation and upgrading of China's manufacturing industry, particularly in the rapid development of new energy vehicles, artificial intelligence, and other user sectors, have brought new demands to the machine tool industry. In addition, the company's continuous efforts in exploring and penetrating various sectors of the manufacturing industry in recent years have led to an increased demand for the group's production of CNC precision machine tools. At the same time, the group's continued efforts in cost reduction, efficiency improvement, and operational optimization have significantly enhanced the product competitiveness, leading to a substantial increase in profit-making capabilities.