1286.HK
Phancy does AI

Precision machining parts maker Impro Precision Industries Ltd. (1286.HK) on Tuesday said its revenue rose 8.7% year-over-year to HK$5.1 billion ($653 million) in 2025, as its profit climbed 12.1% to HK$726 million. Both figures represented historic highs for the company.

The company said AI development momentum has fueled strong demand for data centers, leading to a significant increase in demand for high horsepower engines. That resulted in a 43.3% year-over-year surge in sales of the company’s related products.

Impro Chairman Lu Ruibo said that capital expenditure for 2026 will reach HK$850 million, with one-third earmarked for its Mexico SLP campus. The entire project, divided into three phases, is expected to nearly double the company’s capacity upon completion.

Looking ahead, Lu anticipated accelerated sales growth over the next two to three years, driven by strong demand for high horsepower engines and a substantial pipeline of new orders for the Mexico SLP campus. He projected sales growth this year will be in the mid-teens percentage range.

Shares of Impro opened up 2.6% at HK$8 on Wednesday. The stock currently trades at quadruple the level of its 52-week low.

By Lau Chi Hang

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