Impro Wins “Outstanding Listed Companies Award 2022” From IFAPC
(Hong Kong, 25 October 2022) – World-leading manufacturer of high-precision, high-complexity and mission-critical components, Impro Precision Industries Limited (“Impro” or the “Group”) (Stock Code: 1286) is pleased to announce that the Group has been awarded the “Outstanding Listed Companies Award 2022” by the Hong Kong Institute of Financial Analysts and Professional Commentators Limited (“IFAPC”), which is a testament to the Group’s outstanding performance and full recognition by the market.
Mr. Lu Ruibo, Chairman and Chief Executive Officer of Impro, said, “We are honored to receive the ‘Outstanding Listed Companies Award 2022’. It is a great encouragement for us to stand out from the crowd. As a leading company in the precision manufacturing industry, Impro has continued to strengthen its global footprint in the Americas, China and Europe this year, actively expanding its production capacity and acquiring integrated aerospace and hydraulics-related component manufacturing companies to create synergies in supply chain management and business layout. In this challenging year of 2022, Impro was able to maintain a net profit growth of 53.0% in the first half of the year, reflecting the strong resilience of the Groups’ business. In the future, the Group will continue to expand its three core business areas of aerospace technology, fluid technology and mechanical technology, enhance its value in the supply chain of high-precision, high-complexity and performance-critical components, and further consolidate the ‘Twin Growth Engine’ strategy. Furthermore, Impro will continue to expand its market share in various end markets to drive continued growth in performance and create long-term profit growth for stakeholders.
The “Outstanding Listed Companies Award” is co-organized by the IFAPC and Metro Finance aims to showcase the steady growth of Hong Kong’s financial market by recognizing the performance of high-quality listed companies, enhance Hong Kong’s competitiveness and attractiveness, and establish Hong Kong as an international finance center, thereby contributing to the long-term economic development of the country, the Greater Bay Area and Hong Kong.