Slide 1: 2026 Interim Results Presentation
Stock Code: 1286 2026 INTERIM RESULTS PRESENTATION August 11, 2026
Slide 2: Disclaimer
Disclaimer The information set forth in this presentation relates to the business of Impro Precision Industries Limited (the “Company”, together with its subsidiaries, the “Group”) for the six months ended June 30, 2026. This presentation is intended to provide updated information on the Group for t
Slide 3: 1H/2026 Results Summary
1H/2026 Results Summary Significant Revenue Growth amid Robust Gross Profit Margin Increases & Record High AI-related and other End-Markets Momentum Profit attributable to Shareholders • 1H/2026 Group revenue increased by 23.2% y-o-y to HK$3,018.0M • Group GPM up 0.6% to 28.4%, with GPM of SC up 2.1
Slide 4: Revenue by End-Markets
Revenue by End-Markets 1H/2025 1H/2026 1H/2025 1H/2026 Inc/(Dec) By End-Markets HK$ mil HK$ mil HK$ mil Change Diversified Industrials 1,293.8 1,794.6 500.8 38.7% Automotive 802.2 735.2 (67.0) -8.4% Aerospace, Energy & Medical 353.9 488.2 134.3 37.9% Total 2,449.9 3,018.0 568.1 23.2% 4
Slide 5: Revenue by End-Markets
Revenue by End-Markets 1H/2025 1H/2026 Inc/(Dec) By End-Market HK$ mil HK$ mil HK$ mil Change Diversified Industrials 1,293.8 1,794.6 500.8 38.7% - High Horsepower Engine 533.7 660.3 126.6 23.7% - Construction Equipment 339.1 455.0 115.9 34.2% - Agricultural Equipment 154.6 160.8 6.2 4.0% - Recreati
Slide 6: Revenue by Business
Revenue by Business 1H/2025 1H/2026 1H/2025 1H/2026 Inc/(Dec) By Business HK$ mil HK$ mil HK$ mil Change Investment Casting 922.6 1,161.7 239.1 25.9% Sand Casting 695.2 911.0 215.8 31.0% Precision Machining & Others 793.3 907.7 114.4 14.4% Surface Treatment 38.8 37.6 (1.2) -3.1% Total 2,449.9 3,018.
Slide 7: Revenue by Geographical
Revenue by Geographical 1H/2025 1H/2026 1H/2025 1H/2026 Inc/(Dec) By Geographical HK$ mil HK$ mil HK$ mil Change Americas 1,156.6 1,461.8 305.2 26.4% - United States 998.1 1,279.8 281.8 28.2% - Others 158.5 182.0 23.5 14.8% Asia 560.1 842.4 282.3 50.4% - PRC 507.5 768.6 261.1 51.4% - Others 52.6 73.
Slide 8: 1H/2026 Financial Review
AACE | / impro 1H/2026 Financial Review
Slide 9: 1H/2026 Financial Review
1H/2026 Financial Review 1H/2025 1H/2026 Financial Highlights HK$ mil HK$ mil Change Revenue 2,449.9 3,018.0 23.2% Gross profit 681.5 856.8 25.7% Gross profit margin 27.8% 28.4% 0.6% Other revenue 12.7 19.2 51.2% Other net income/(loss) 24.1 (66.1) -374.3% Selling and distribution expenses (94.4) (7
Slide 10: Gross Profit
Gross Profit HK#039;mil 1,200.0 27.8% 28.4% 30.0% 25.0% 900.0 856.8 11.3 29.9% 20.0% 8.3 21.4% 140.8 15.5% 681.5 600.0 145.6 18.4% 15.0% 295.5 32.4% 210.5 30.3% 10.0% 300.0 409.2 35.2% 5.0% 317.1 34.4% - 0.0% 1H/2025 1H/2026 Investment Casting Sand Casting Precision Machining and Others Surface Treatme
Slide 11: Cost of Sales Analysis
Cost of Sales Analysis HK#039;mil 2,500.0 2,161.2 2,000.0 403.0 18.6% 1,768.4 133.8 6.2% 301.0 17.0% 1,500.0 182.8 8.5% 112.0 6.3% 161.3 9.1% 585.5 27.1% 1,000.0 457.5 25.9% 500.0 856.1 39.6% 736.6 41.7% - 1H/2025 1H/2026 Cost of materials (raw materials & Staff Costs Depreciation Energy and Utilities
Slide 12: Operating Expenses Analysis
Operating Expenses Analysis Selling and Distribution Expenses Administrative and Other Operating Expenses HK$ mil HK$ mil 150.0 300.0 8 3.9% 4.0% 6.6% 6.5% 7 250.0 6 2.6% 195.7 100.0 94.4 200.0 5 78.5 2.0% 162.1 150.0 4 3 50.0 100.0 0.0% 2 50.0 1 - -2.0% - 0 1H/2025 1H/2026 1H/2025 1H/2026 S&D Exp S
Slide 13: Key Working Capital Ratios
Key Working Capital Ratios Inventory Turnover Days (Average) Trade and Bills Receivable Turnover Days (Average) HK$ mil Days HK$ mil Days 1,800 118 2,000 87 89 90 114 90 120 102 1,633.9 1,500 1,600 75 1,172.3 90 1,337.6 1,200 1,052.2 1,077.8 60 1,200 1,120.6 900 45 60 800 600 30 30 400 300 15 - - -
Slide 14: Capital Expenditure
Capital Expenditure HK$ mil Actual and Forecast Capex in FY2023-FY2026 1,800.0 8.5% 7.3% 1,500.0 1,500.0 6.5% 1,200.0 3.8% 850.0 897.7 900.0 713.0 632.7 622.9 600.0 319.9 706.3 291.2 425.7 300.0 650.0 393.1 341.5 191.4 197.2 0.0 FY2023 FY2024 FY2025 1H/2026 FY2026 Actual Capex Forecast Capex Capex (
Slide 15: Key Financial Ratios
Key Financial Ratios Adjusted Return on Shareholders' Equity Net Gearing Ratio 20.0% 50.0% 40.0% 15.0% 33.6% 12.8% 13.4% 12.7% 30.4% 30.0% 10.0% 20.0% 18.3% 5.0% 10.0% 0.0% 0.0% FY2024 FY2025 1H/2026 FY2024 FY2025 1H/2026 Net Debt / L12M Adj. EBITDA Interest Coverage X X 2.0 15.0 1.5 11.1 9.9 1.2 1.
Slide 16: Business Outlook
/ impro Business Outlook
Slide 17: Mexico SLP Campus Construction Update
Mexico SLP Campus Construction Update Aerospace & Aerospace & SC Plant ST Plant SC Plant ST Plant PM Plant PM Plant IC Plant IC Plant (Photo taken on Jul 29, 2026) (Photo taken on Mar 7, 2026) ⚫ Mexico SLP Campus Precision Machining (PM), Sand Casting (SC) and Investment Casting (IC) plants are now
Slide 18: Business Outlook
Business Outlook ⚫ Global economy is expected to remain volatile amid multiple pressures, including geopolitical conflicts in the Middle East, fluctuations in energy costs, and the continued rise of trade protectionism. The direction of U.S. tariff policies is also adding uncertainty to the global t
Slide 19: Q&A Session
4 Impro Q&A Session
Slide 20: Appendices – Financials Summary
Appendices – Financials Summary
Slide 21: Reconciliation of Adjusted Profit Attributable to Shareholders and Adjusted EBITDA
Appendix 1 - Reconciliation of Adjusted Profit Attributable to Shareholders and Adjusted EBITDA 1H/2025 1H/2026 HK$ mil HK$ mil Change Reconciliation to Adj. Profit Attr. to Shareholders Profit after tax 347.4 422.0 21.5% Adjustments (net of tax): - Amort’n and Dep’n related to past acq’s PPA adj 13
Slide 22: Consolidated Statement of Profit or Loss
Appendix 2 – Consolidated Statement of Profit or Loss 1H/2025 1H/2026 HK$ mil HK$ mil Revenue 2,449.9 3,018.0 Cost of sales (1,768.4) (2,162.2) Gross Profit 681.5 856.8 Other revenue 12.7 19.2 Other net income/(loss) 24.1 (66.1) Selling and distribution expenses (94.4) (78.5) Administrative and othe
Slide 23: Consolidated Statement of Financial Position
Appendix 3 – Consolidated Statement of Financial Position 12/31/2025 6/30/2026 HK$ mil HK$ mil Non-current assets Property, plant and equipment 5,236.2 5,712.7 Prepayments for Property, plant and equipment 18.6 119.2 Intangible assets 168.7 164.9 Goodwill 228.3 237.4 Deferred expenses 163.0 169.2 Ot
Slide 24: Consolidated Statement of Financial Position
Appendix 3 – Consolidated Statement of Financial Position 12/31/2025 6/30/2026 HK$ mil HK$ mil Current liabilities Bank loans 1,061.1 969.0 Lease liabilities 4.4 3.5 Trade payables 644.8 849.7 Other payables and accruals 489.9 459.0 Taxation payable 20.5 14.5 2,139.7 2,295.7 Net current assets 1,292
Slide 25: Consolidated Statement of Financial Position
Appendix 3 – Consolidated Statement of Financial Position 12/31/2025 6/30/2026 HK$ mil HK$ mil Capital and reserves Share capital 188.7 194.7 Reserves 5,416.1 6,540.0 Total equity attributable to equity shareholders of the Company 5,604.8 6,732.1 Non-controlling interests 18.4 110.2 TOTAL EQUITY 5,6
Slide 26: Condensed Consolidated Cash Flow Statement
Appendix 4 – Condensed Consolidated Cash Flow Statement 1H/2025 1H/2026 HK$ mil HK$ mil Operating activities Cash generated from operations 621.2 750.9 Tax paid (65.9) (61.8) Net cash generated from operating activities 555.3 689.1 Investing activities Payment of property, plant and equipment (400.8
Slide 27: Condensed Consolidated Cash Flow Statement
Appendix 4 – Condensed Consolidated Cash Flow Statement 1H/2025 1H/2026 HK$ mil HK$ mil Financing activities Proceeds from bank loans 907.0 1,248.3 Repayment of bank loans (785.1) (1,228.1) Interest paid (46.9) (48.1) Lease rentals paid (2.4) (2.4) Proceeds from issue of ordinary shares, net of issu
Slide 28: Thank you
impro Reliable - Flexible - Global zz Ls Thank you ~