Newsletter summary
Jinshang Machine tool China (01651) announced China's results in fiscal year 2024, with revenue of 633.Alongwiththegodscryptogame9.5 billion yen, with a profit of 126Alongwiththegodscryptogame.06 billion yen.
Text of news flash
[Jinshang Machine tool China (01651) announced its marketing performance in China for the year ended March 31, 2024, with a substantial increase in revenue and profit]
Jinshang Machine tool China (01651) was released todayAlongwiththegodscryptogameThe annual marketing performance of its controlling shareholder Tsugami Corporation (Tsushi, Japan) in China. According to the announcement, total revenue in China was 63.395 billion yen, a sharp increase compared with last year. At the same time, segment profit reached 12.606 billion yen, also achieving significant growth.
The growth of this performance benefits from the company's core competitiveness and product advantages, as well as continuously optimized marketing strategy and customer service. Jinshang Machine tool China enjoys a good reputation in the industry, and its products are widely used in precision machining, automatic manufacturing and other fields.
The success of Jinshang Machine tool China has also injected into China's machine tool industryAlongwiththegodscryptogameIt has brought new vitality and promoted the rapid development of related industries. The company will continue to adhere to innovation-driven, constantly optimize product structure, improve service quality, in order to meet the needs of the market and customers.
As the controlling shareholder of Jinshang Machine tool China, Tsugami Corporation's position in the global machine tool industry has also been further consolidated. The company will continue to strengthen cooperation with the Chinese market, deepen the mutually beneficial and win-win relationship between the two sides, and jointly promote the prosperity and development of the machine tool industry.
