As a leading aluminum casting foundry, Investment and Precision Castings has built a strong reputation for itself globally. The company serves clients from various industries, including lighting, medical equipment, transportation, 3C products, hardware, electrical accessories, and machinery parts. The company's commitment to quality and precision is reflected in its products, which are trusted by top-tier original equipment manufacturers (OEMs) globally.
According to the Annual Report, Investment and Precision Castings achieved a revenue of $100 million in the Financial Year 2018, a 10% increase from the previous year. The company's net profit also increased by 15% to $8 million for the year, reflecting a strong financial performance.
The company's success in the year was attributed to its continued focus on quality and innovation. Investment and Precision Castings invested heavily in new technologies and equipment to enhance its production capabilities and efficiency. The company also expanded its global footprint by establishing partnerships with new clients and expanding its supply chain network.
Investment and Precision Castings' commitment to quality is evidenced by its numerous certifications, including ISO 9001:2015, IATF 16949:2016, and ISO 14001:2015. These certifications demonstrate the company's dedication to meeting and exceeding customer expectations while adhering to strict international standards.
The company's customer-centric approach, combined with its commitment to quality and innovation, has earned it a strong reputation in the market. Investment and Precision Castings' clients continue to trust the company for their casting needs, whether for raw or machined casting.
Looking ahead, Investment and Precision Castings remains optimistic about its future growth prospects. As the demand for high-quality aluminum casting grows globally, the company is poised to capitalize on the opportunity to expand its market share further.
In conclusion, Investment and Precision Castings' Annual Report for the Financial Year 2018 highlights the company's strong financial performance and commitment to quality and innovation. As a trusted supplier of aluminum casting products to a range of industries, the company is poised for continued success in the future.