IMPRO PRECISION

Impro Precision staged a low-open rally, dipping to an intraday low of HKD 7.84 in the morning session before climbing steadily to an afternoon high of HKD 8.69, closing at HKD 8.63, up 10.6% from the previous close of HKD 7.80. The surge was driven by the company's record 2025 full-year net profit of HKD 726.2 million (+12.7% YoY) and revenue of HKD 1.323 billion (+15.82% YoY), alongside management's guidance for mid-teens sales growth in 2026. A subsidiary's employee share ownership plan, issuing ~40.6 million shares for HKD 120.4 million, further buoyed sentiment. Despite a prior discounted placement (net proceeds ~HKD 539 million) that had weighed on the stock, today's close at HKD 8.63 sits above the 20-day MA (HKD 8.464), though it remains 26.9% below the 52-week high of HKD 11.8 and faces resistance at the 60-day MA of HKD 9.469.