Wus Printed Circuit Projects Up to 78% Rise in H1 Profit; Shares Jump 6%
Wus Printed Circuit Kunshan (SHE:002463) forecasted first-half attributable net profit of between 2.83 billion yuan and 3.00 billion yuan, compared with 1.68 billion yuan the previous year. The 68% to 78% rise is attributed to strong structural demand for high-speed switches, artificial intelligence servers, high-performance computing and intelligent automotive applications, according to a Tuesday filing with the Shenzhen bourse. Basic earnings per share are expected to rise to 1.47 yuan to 1.56 yuan, versus 0.8754 yuan last year. Shares of the printed circuit board manufacturer jumped 6% in recent trade.
Wus Printed Circuit Kunshan (SHE:002463) forecasted first-half attributable net profit of between 2.83 billion yuan and 3.00 billion yuan, compared with 1.68 billion yuan the previous year.
The 68% to 78% rise is attributed to strong structural demand for high-speed switches, artificial intelligence servers, high-performance computing and intelligent automotive applications, according to a Tuesday filing with the Shenzhen bourse.
Basic earnings per share are expected to rise to 1.47 yuan to 1.56 yuan, versus 0.8754 yuan last year.
Shares of the printed circuit board manufacturer jumped 6% in recent trade.