Tianshui Huatian Technology Projects Up to 275% H1 Profit Jump
Tianshui Huatian Technology (SHE:002185) forecasted first-half attributable net profit of between 750 million yuan and 850 million yuan, compared with 226.5 million yuan the previous year. The 231% to 275% jump is attributed to rising integrated circuit market demand and expanded production scale, according to a Tuesday filing with the Shenzhen bourse. Basic earnings per share are expected to rise to 0.2290 yuan to 0.2595 yuan, versus 0.0706 yuan last year. Shares of the semiconductor testing and packaging company were up 2% in recent trade.
Tianshui Huatian Technology (SHE:002185) forecasted first-half attributable net profit of between 750 million yuan and 850 million yuan, compared with 226.5 million yuan the previous year.
The 231% to 275% jump is attributed to rising integrated circuit market demand and expanded production scale, according to a Tuesday filing with the Shenzhen bourse.
Basic earnings per share are expected to rise to 0.2290 yuan to 0.2595 yuan, versus 0.0706 yuan last year.
Shares of the semiconductor testing and packaging company were up 2% in recent trade.