Symbol

EVA HOLDINGS(00838) Company Profile

		Company Profile
	Stock Name	EVA Precision Ind
	Listing Date	2005-05-11
	Sector	Industrials
	Chairman	ZHANG Hwo Jie
	Par Value	0.1
	Total Issued Capital	1.730B
	Market Cap	1.229B
	Principal Activities EVA is a vertically-integrated precision metal and plastic mould and component manufacturing service provider. The Group's existing services include mainly i) design and fabrication of precision metal stamping and plastic injection moulds; ii) manufacturing of precision metal stamping and plastic injection components by using tailor-made metal stamping and plastic injection moulds; iii) lathing of metal components; and iv) assembly of precision metal and plastic components manufactured by the Group into semi-finished products and finished products through automated technologies such as laser welding. At present, the businesses of the Group cover mainly office automation equipment and automotive components. Latest Results The Group's profit attributable to shareholders for the 6 months ended 30-06-2026 amounted to HKD 138.6 million, an increase of 2.8% compared with previous corresponding period. Basic earnings per share was HKD 0.0801. A dividend of HKD 0.024 per share was declared. Turnover amounted to HKD 3.07 billion, an increase of 0.5% over the same period last year, gross profit margin down 1.3% to 19.0%. (Announcement Date: 26 Aug 2026) Business Review - For the six months ended June 30, 2026 Office Automation (“OA”) Equipment Business The Group has cultivated deep-rooted expertise in the OA sector for more than three decades, providing one-stop services including mould development, component production and complete machine assembly for laser printers and multifunction printers to international leading brands and Chinese domestic customers. In the first half of 2026, the traditional OA supply chain remained in a phase of structural adjustment under the combined impact of ongoing Sino-US tensions, geopolitical risks, rising raw material prices and manufacturing costs, and more cautious end-market demand, with major customers generally tightening their order schedules. During the period, due to higher raw material and manufacturing costs as well as cautious end market demand, order momentum from several of the Group’s major OA customers weakened, resulting in simultaneous declines in turnover and capacity utilisation at the Group’s industrial parks in Vietnam and Mainland China and a year-on-year drop of approximately 5.6% in OA segment turnover. In response to the slowdown in order momentum, the Group continued to implement lean production, cost-reduction and efficiency-enhancement initiatives, while optimising its customer and product mix. Management will continue to leverage the dual-base layout in Mainland China and Vietnam, progressively upgrade its business from an OEM model towards an ODM model, increase the proportion of high-valueadded products, while concurrently expanding into high-value-added and high-growth businesses such as, robotics and medical equipment, thereby strengthening the segment’s medium- to long-term competitiveness. OA Equipment Business Performance by Geographical Region Southern China (Shenzhen) In the first half of 2026, OA business turnover in Shenzhen recorded a slight year-on-year decline of approximately 1.6%. This was mainly due to certain high-end Japanese customers continuing to scale down their production in Mainland China compared with last year, coupled with more cautious order arrangements in light of tariffs and geopolitical risks, with some orders deferred to the second half of the year or shifted to production at Southeast Asian bases. Despite the gradual expansion of capacity in Southeast Asia, the Shenzhen base remains the Group’s strategic operational hub for the OA business, undertaking core functions of R&D, project management, supply chain coordination and customer support. Through complementary collaboration in technology and capacity between Shenzhen and Vietnam, the Group helps customers flexibly adjust production layouts and supply solutions in the face of political, economic and climate uncertainties, thereby enhancing its overall resilience and long-term competitive advantage. Faced with the relocation of orders to Southeast Asia and structural adjustments in Mainland China production capacity, the Shenzhen base has, on the one hand, deepened collaboration with international brand customers to flexibly allocate capacity between Mainland China and Vietnam, helping customers navigate changes in tariff and policy environments. On the other hand, it has actively expanded into non-OA fields such as robotics and medical equipment and, in line with the Group’s development needs in these areas, has appropriately deployed R&D resources and production capacity at the Shenzhen plant to support such projects. These initiatives are progressively increasing the proportion of diversified businesses, enhancing product profitability, and reducing the impact of fluctuations in any single business or customer portfolio on the operations of the base. Eastern China (Suzhou) The Suzhou industrial park delivered relatively resilient performance in the first half of 2026, with OA business turnover increasing by approximately 10.6% year-on-year, mainly driven by steady ramp-up of certain existing projects and continuous optimisation of a diversified product portfolio. Against the backdrop of certain traditional customers relocating capacity to Southeast Asia, the Suzhou base has stabilised capacity utilisation and revenue scale by deepening product collaboration with existing customers and progressively increasing the proportion of orders in non-OA fields, such as smart mobility products. During the period, the Suzhou industrial park continued to implement lean management and cost controls while actively developing new applications and new customers, reducing reliance on any single industry or customer. As the Group’s business layout in Eastern China continues to deepen, the Suzhou base is expected to maintain a relatively stable growth trajectory, supported by a diversified product mix and higher-value-added orders. Northern China (Weihai) The Weihai industrial park primarily serves the domestic market and certain local brand customers and continued to be impacted by changes in Mainland China’s printer consumption patterns during the period. In the first half of 2026, OA business turnover in Weihai declined by approximately 12.9% year-onyear, mainly because demand for high-end imported brand printers slowed in the Chinese market and consumers increasingly favoured mass-market office and home printing products. This led to continued downsizing in Mainland China production scales for some of the Group’s high-end customers. In response to structural changes in the domestic market, the Group continued its resource integration strategy and, in the first half of 2026, consolidated the operations of Weihai (Intops) into the Double Islands Bay industrial park, with an aim to centralise resources, enhance synergies and improve operating efficiency. At the same time, the Group actively capitalised on the broader trend of “domestication and independent controllability” in Chinese printing equipment, gradually extending its scope from component supply to complete machine R&D and product engineering. Through ODM and D-EMS models, the Group deepened cooperation with local brand customers, developing printer and scanner platforms that better match domestic market demand. Management believes that such self-developed complete machine capabilities and diversified product layout will enhance the Group’s medium- to long-term competitiveness in Mainland China’s domestic printer market, progressively increasing its participation in domestic brands and new applications, while mitigating the impact of declining traditional high-end orders on overall business. Vietnam The Vietnam industrial park continued to undertake part of the orders relocated from Southern China by Japanese brands in the first half of 2026. However, as the industry remains in a transitional phase of capacity migration to Southeast Asia and against the backdrop of customer destocking, rising raw material prices and manufacturing costs, major customers adopted more cautious shipment strategies, resulting in a decline of approximately 15.9% in OA business turnover. To strengthen medium- to long-term capacity undertakings, construction of the Group’s new industrial park in Quang Ninh, Vietnam, was substantially completed during the period. The new industrial park covers a land area of approximately 60,000 square metres, with Phase I factory GFA of around 64,000 square metres, and officially commenced operations in July 2026. As production lines and automation equipment gradually come on stream and capacity ramps up, the Quang Ninh industrial park is expected to significantly enhance Vietnam’s overall capacity to undertake long-term orders transferred from Southern China, providing more stable and flexible capacity support. Management believes that Vietnam, leveraging its cost and policy advantages and geographical proximity to Mainland China, has the potential to become a major capacity base for the Group’s OA business in the medium to long term, serving global customers’ capacity deployment in Southeast Asia. Automotive Component Business As aforementioned, despite the continued increase in electrification and intelligentisation penetration in the global automotive industry, overall profitability in Mainland China’s automotive sector remained under significant pressure. Against this backdrop, the Group’s automotive component segment recorded overall turnover growth of approximately 4.7%, mainly driven by revenue growth at the industrial parks in Shenzhen, Chongqing and Zhongshan. The Group will continue to enhance technical capabilities, promote product lightweighting and raise automation levels to improve production efficiency and cost competitiveness, while optimising its customer and project portfolio to focus on high-value-added NEV and intelligent-related orders, with the objective of gradually improving segment profit. Automotive Component Business by Region Shenzhen The Shenzhen industrial park focuses on the R&D and manufacturing of automotive seat moulds and related products, with mould products primarily exported to Europe and the US, while also fulfilling orders from domestic and Japanese customers, thereby establishing a solid presence in international markets. In the first half of 2026, building on the growth trajectory in 2025, overseas customers’ recognition of the Group’s technical capabilities and quality continued to rise, driving robust export business growth and resulting in a significant year-on-year increase of approximately 54.6% in automotive component turnover in Shenzhen. This reflects sustained strong demand for precision moulds in European and other export markets and further consolidates the Group’s reputation and comprehensive strengths in mould design and manufacturing internationally. During the period, the Shenzhen industrial park remained focused on high-end seat moulds, securing several new orders for high-value-added mould and component projects. It continued to accumulate invention and utility model patents, enhance mould manufacturing and verification capabilities, and implement stringent quality management systems, reinforcing its positioning as an innovation hub serving global markets for the Group’s automotive component business. Management expects that in the second half of the year, the base will continue to prioritise technology upgrades, engineering capabilities and delivery reliability, optimising its product mix and customer structure to maintain operational resilience through industry cycles and provide ongoing high-end mould R&D and manufacturing support for the medium- to long-term development of the automotive component segment. Wuhan The Wuhan industrial park serves as the Group’s technology development and operations control centre for the automotive component business, consistently providing core support to domestic and overseas bases through mould development, product R&D and technology output. In the first half of 2026, automotive component turnover at Wuhan recorded a modest year-on-year decline of approximately 5.4%, mainly because certain traditional vehicle models exited their previous mass-production peaks, as brands accelerated their transition towards NEVs and intelligent platforms. This led to notable declines in end-market sales for some fuel models, resulting in adjustments to orders and production schedules and exerting short-term pressure on Wuhan’s revenue. At the same time, new project development and nominations on NEV and intelligent platforms by relevant customers continued to increase, causing the Group’s NEV order backlog in Wuhan to trend upwards. In addition to existing brands, the Wuhan industrial park successfully secured new projects during the year from NEV enterprises including Tesla, further expanding its customer and project base on NEV and intelligent vehicle platforms. As many fuel vehicle projects transition towards NEV and intelligent models, they must undergo development, validation and capacity ramp-up phases, and related orders are currently in the introduction and mass-production preparation stage. Once capacity is released, these projects are expected to progressively convert into revenue. Despite the slight decline in turnover during the period, Wuhan s welding and assembly technology reserves related to seat frames, chassis assemblies and battery boxes continued to deepen. The base also accelerated product upgrades by reinforcing internal reforms and attracting talent. Going forward, Wuhan will continue to function as the central hub for technology and resource coordination, integrating capacity and technological strengths across Chongqing and Mexico, and supporting the Group’s longterm development in the NEV and intelligentisation tracks. Chongqing As the Group’s core base serving the Southwestern China market, the Chongqing industrial park has been in a rapid expansion phase in recent years, supported by policy tailwinds and the concentration of NEV project launches. In the first half of 2026, automotive component turnover in Chongqing grew by approximately 12.2% year-on-year, mainly driven by the ramp-up of multiple popular NEV and intelligent models from Changan Qiyuan, Deepal and Great Wall Motor, reflecting continued customer recognition of the Group’s comprehensive capabilities in auto body engineering as well as module assembly and delivery of functional components in the region. The Chongqing industrial park continued introducing advanced processes such as hot forming to meet the lightweight requirements of NEVs and further consolidate its technical advantages in high-strength body components. Management will continue to deepen long-term strategic partnerships with Great Wall Motor, Changan Automobile, SAIC-GM-Wuling and other quality OEMs, expanding the breadth of cooperation and project coverage and reinforcing the Group’s positioning in the Southwestern and surrounding markets. Zhongshan Following an adjustment to its business development strategy, the Zhongshan industrial park has progressively extended its scope beyond traditional automotive components into fields covering NEV “new three-electric” systems (batteries, motors and electronic controls), in-vehicle electronics and power application value chains related to NEV charging such as photovoltaics-storage-charging systems. The aim is to evolve into a comprehensive solutions provider centred around NEVs and their power usage scenarios, covering “new three-electric”, vehicle electronics and energy storage equipment structural components. In the first half of 2026, automotive component turnover in Zhongshan increased by approximately 5.3% year-on-year, delivering moderate growth despite subdued sales momentum at traditional Japanese OEMs. This was mainly attributable to growth in orders from its major automotive component customers, as well as the sustained ramp-up in “new three-electric” and in-vehicle electronics projects, which offset part of the decline in traditional Japanese-related business. Facing intensified market competition, the Zhongshan industrial park continued to implement cost reduction and efficiency-enhancement measures to optimise operating efficiency and cost structures, while accelerating diversification in its customer and business portfolio to reduce the impact of volatility in any single market on its development. The Group expects that as demand for NEVs and energy storage applications continues to expand, the Zhongshan base will capture greater growth opportunities in automotive and new energy-related power usage segments through businesses centred on battery box, motor and electronic control structural components, in-vehicle electronic modules, and enclosures for photovoltaics-storage-charging equipment related to NEV charging scenarios, while maintaining its role as a key component of the automotive segment. Mexico Serving as the Group’s bridgehead for the North American automotive component market, the Mexico industrial park recorded overall turnover that was broadly stable in the first half of 2026, with a slight year-on-year increase of approximately 0.7%, reflecting relatively modest short-term revenue fluctuations during the ongoing customer and product mix adjustment process. During the period, the Mexican base remained focused on optimising its customer structure and concentrating on high-valueadded projects. It also continued to advance the mass production of NEV mould orders secured through Wuhan, with newly nominated mass-production projects including projects for NEV brands such as Tesla. Supported by technological and management backing from Wuhan, it continued internal reforms, strengthening local management and achieving initial results in quality control, with key customers’ quality ratings improving significantly during the period. To cater for the sustained growth in demand for NEV and intelligent-related components in the North American market, the Group has gradually increased its investments in key equipment such as electrophoresis coating lines and laser welding for the Mexican industrial park. Related capacity is expected to commence operations around the end of 2026, further enhancing the base’s technical capabilities and capacity scale in seat frames, battery pack structural components and other products, while driving upgrades in internal production and operations systems. Building upon this foundation, management will continue to expand a diversified customer base and service offerings for OEMs, focusing on high value-added seats and battery pack related product lines, with the goal of strengthening the Mexico base’s role as a critical delivery hub for the Group’s automotive component business in North America, and creating more opportunities to secure sustainable and long-term overseas orders for the Group’s Mainland China automotive operations. Information and Communications Technology (“ICT”) Business The ICT business, which has been a strategic focus of the Group in recent years, concentrates on R&D and production of precision structural components for AI computing servers, switches, memory devices and other equipment enclosures. In the first half of 2026, the ICT segment sustained strong growth momentum, with turnover surging by approximately 33.4% year-on-year to HK$267,967,000 (1H2025: HK$200,874,000). The segment made comprehensive progress in business scale, customer mix and technological capabilities and has become one of the Group’s principal growth engines. Supported by continued global expansion in data centre construction and energy storage applications, together with rising AI computing and cloud computing demand, order quality and value-added in the Group’s server cabinet and energy storage equipment product lines have steadily improved. Business Outlook - For the six months ended June 30, 2026 OA Equipment Segment Results and Business Outlook In the first half of 2026, the OA equipment segment’s capacity utilisation at its major bases decreased, putting pressure on its segment profit. Despite the recognition of a one-off gain arising from the disposal of the Weihai (Intops)’s assets and the write-back of a provision related to a previous acquisition during the period, which brought segment profit to approximately HK$171,518,000 (1H2025:HK$118,448,000) and increased the segment profit margin to 10.0% (1H2025: 6.5%), the segment profit margin decreased year-on-year to approximately 6.3% (1H2025: 6.5%) on an underlying basis after excluding the aforementioned one-off items. The decline was attributable to a combination of factors. On the one hand, traditional OA orders were affected by sustained increases in raw material prices and manufacturing costs, prompting customers to adopt more cautious views on end-market demand and shipment schedules, resulting in lower orders and shipment volumes in the first half and reduced capacity utilisation, which directly weighed on segment profit. On the other hand, during the period, the Group incurred relocation and related expenses in connection with the integration of Weihai (Intops) into the Double Islands Bay industrial park, and pre-production equipment investments and initial expenditures at the second industrial park in Quang Ninh, Vietnam, all of which were reflected in segment profit, exerting significant short-term pressure on earnings. In addition, the Group actively developed new projects and increased R&D investments to support the upgrade of traditional OA business upgrading towards ODM model, as well as business layouts in robotics and other new sectors, and such related costs were also recorded in the segment’s results. Although these factors weighed on profitability in the short term, the related investments were made in support of the Group’s medium- to long-term development strategy. Furthermore, the Group’s longstanding efforts in lean production and cost-reduction and efficiency-enhancement, which focused on optimising production processes, improving yield rates and controlling indirect costs, effectively mitigated the negative impact of lower capacity utilisation on segment gross margin and profit. As a result, the earnings quality of the OA equipment segment remained relatively solid. Looking ahead, management expects that as major customers’inventories gradually normalise, end-market demand and shipment schedules return to more normal levels, and tariffs and policy changes continue to accelerate capacity migration to Southeast Asia. In addition, following the official commissioning of the new Quang Ninh industrial park in July 2026, its gradual capacity ramp-up is expected to support the segment in undertaking transferred orders and enhancing its delivery capabilities. At the same time, the Group will continue to advance the OA business from traditional OEM model towards ODM and D-EMS models, stepping up investments in complete machine R&D and product engineering, deepening cooperation with international brands and Chinese domestic brands, increasing the proportion of high-value-added products and segment profit margin, and enhancing the OA business’resilience in the mainstream commercial printer market. Management believes that although the Group’s current investments in capacity optimisation, base consolidation and R&D will exert short-term pressure on segment profit, they will help lay a more solid foundation for medium- to long-term growth after the structural adjustments in the industry are completed. In parallel, the Group’s robotics-related business has made tangible progress. Galaxy General is a Chinese embodied-intelligence humanoid robotics company, and its Galbot series has already been deployed in industrial, healthcare and retail sectors and has attracted considerable market attention.Leveraging its decades of accumulated strengths in precision manufacturing, welding processes and complete machine assembly in the OA segment, the Group has, since last year, provided component manufacturing, processing integration and complete machine assembly services for Galaxy General’s humanoid robots and has now entered a stable mass delivery phase, demonstrating synergies across the embodied intelligence robot supply chain. Recently, the two parties further explored expanding the scope and capacity coverage of complete machine processing and assembly for humanoid robots on the existing cooperation foundation, which is expected to support Galaxy General’s scale-up in its humanoid robot business and simultaneously drive expansion in the Group’s robotics-related operations, opening up opportunities for deeper cooperation in more robot application scenarios in the future. The Group believes that by combining its own precision manufacturing and integration capabilities with Galaxy General’s strengths in humanoid robotics and embodied intelligence technologies, the two parties are well-positioned to form a pattern of long-term complementarity and joint growth along the robotics industry chain, bringing substantial synergies and medium- to long-term growth potential to the Group. Automotive Component Segment Results and Business Outlook In the first half of 2026, turnover in the automotive component segment recorded moderate growth, reflecting the Group’s ability to maintain steady business expansion in a complex environment through NEV and intelligent model projects and export orders. However, due to continued industry margin compression caused by declining profitability in Mainland China’s automotive sector, elevated raw material and other production costs and intensified price competition, and the limited and delayed pass- through of cost increases to customers, segment profit margin declined to approximately 3.3% (1H2025:7.8%), with segment profit amounting to HK$39,203,000 (1H2025: HK$85,406,000), indicating that revenue growth did not fully offset the impact of cost and pricing pressures. During the period, the Group made upfront strategic investments in capacity deployment, automation upgrades and technology development for NEV and overseas customer projects at bases including Wuhan, Chongqing and Mexico. Related operating and R&D costs were progressively reflected in the financial statements, exerting further short-term pressure on segment profit. Management nevertheless believes that these investments will enhance the Group’s medium- to long-term competitiveness in NEV and international markets and lay a solid foundation for capturing the next round of growth once structural realignment in the industry is completed. Looking ahead, given intensifying competition and the risk of prolonged price wars globally, the Group expects short-term volatility in industry profit margins to continue exerting pressure on segment earnings.However, as NEV penetration further increases and intelligent-related applications accelerate, demand for body structural components, seat frames, battery boxes and“three-electric”-related components in Mainland China and overseas markets is expected to maintain structural growth momentum. The Group will continue to consolidate the technological and capacity advantages of the Wuhan and Chongqing industrial parks on domestic NEV and intelligent platforms, while expediting the layout of high-value- added product lines such as battery packs and seats at the Mexico base, thereby enhancing global delivery capabilities and risk resilience. Concurrently, the Group will persist in optimising its project and customer portfolio, prioritising higher-margin orders with long-term cooperation potential, and continuing to implement cost-reduction, efficiency-enhancement and lean management initiatives. Management aims, as industry profit margins stabilise and capacities across the Group’s bases progressively ramp up, to gradually improve segment margins and earnings quality and reinforce the positioning of the automotive component segment as the Group’s second core growth engine. ICT Segment Results and Business Outlook In the first half of 2026, ICT segment turnover increased significantly year-on-year, reflecting the Group’s success in capitalising on structural opportunities arising from the global expansion of data centre construction and energy storage application expansion, as well as the growing demand for precision structural components for servers and energy storage equipment driven by AI computing and cloud computing. During the period, to accommodate rapid order growth from core customers and the onboarding of new projects, the Group prepared to establish an additional plant in Dongguan and undertook preliminary planning and preparations for the commissioning of the new plant, including the deployment of the relevant manpower and equipment and capacity arrangements, with a view to enhancing future capacity flexibility and delivery capabilities. The new Dongguan plant officially commenced operations in July 2026, and its related capacity is expected to be progressively ramped up during the second half of the year. Furthermore, the Group continued to invest in product and technology development, including new projects such as liquid-cooled sealed enclosures. The aforementioned preliminary preparations, together with the segment’s relatively small profit base and increased production and operating costs during the period, resulted in the ICT segment’s profit margin declining to approximately 6.2% (1H2025: 9.3%), while segment profit amounting to HK$16,625,000 (1H2025:HK$20,514,000). Management considers the preliminary capacity planning and technology reserves relating to the new Dongguan plant to be strategic, forward-looking initiatives designed to establish a robust capacity foundation in advance for medium- to long-term orders from core and new customers. By leveraging the Group’s strengths in laser welding, automated manufacturing and digital management systems, these initiatives are expected to further strengthen the ICT segment’s competitiveness in structural components for servers and energy storage equipment. As new capacity in Dongguan gradually ramps up, yield rates improve and economies of scale materialise, and as the Group continues to optimise its portfolio of high-tech domestic and overseas customers, ICT segment turnover and profit are expected to grow in tandem, with segment margins returning to an upward trajectory as business volumes expand and one-off investments are progressively absorbed. The Group will continue increasing investments in core ICT technology R&D and automation, expanding product lines and customer coverage, and strives to raise the ICT segment’s contribution to double-digit levels in the medium to long term, establishing it as the Group’s third core growth engine alongside OA equipment and automotive components. PROSPECT Looking ahead to the second half of 2026 and beyond, the global economy is expected to continue facing multiple uncertainties arising from geopolitical tensions, trade frictions and divergent growth trajectories across regions, although the overall global manufacturing sector is projected to sustain moderate growth, with Asia, particularly Mainland China and Southeast Asia, remaining key drivers.AI-related investments, data centre construction and rising NEV penetration will continue to bring structural opportunities to electronics-related industries, the ICT and automotive components sectors.Meanwhile, the evolution of Sino-US relations and tariff policies, raw material price volatility and intensifying competition will continue to pose operational challenges for the OA and automotive supply chains. In this context, the Group will advance its business along the following four strategic directions: (i) accelerate the upgrade and capacity restructuring of the OA business by optimising the Mainland China and Vietnam capacity structure, increasing collaboration with Chinese domestic brands and“Xinchuang”- related initiatives, promoting the upgrade from OEM model to ODM model, and expanding diversified revenue sources through new application areas such as robotics and medical equipment; (ii) continue to expedite growth in the ICT segment by capturing equipment and energy storage demand driven by AI and data centres, broadening product and customer coverage, and striving to raise its contribution to the Group’s turnover to double-digit levels in the medium term; (iii) strengthen operational capabilities in the automotive component business by focusing on high-value-added NEV and intelligent-related projects, deepening synergies among bases in Wuhan, Chongqing, Shenzhen, Zhongshan and Mexico, and enhancing global delivery capabilities and risk resilience; and (iv) further improve operating efficiency and financial resilience by prudently planning capital expenditures, making appropriate use of bank financing to support medium- to long-term development, and maintaining the current ratio and net debt-to-equity ratio at healthy levels, thereby providing solid support for capturing medium- to long-term opportunities arising from industry upgrades and supply chain restructuring amid a volatile environment. Management is confident that, leveraging the Group’s technological advantages in precision manufacturing, product engineering and automation, as well as its diversified and globalised business layout, the Group will be able to continue optimising its business structure and seize opportunities arising from the complex and evolving external landscape, creating sustainable long-term value for shareholders and other stakeholders. Source: EVA Precision Ind (00838) Interim Results Announcement

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