Yunnan Lincang Xinyuan Germanium Industry Expects Up to 261% Surge in H1 Attributable Profit
Yunnan Lincang Xinyuan Germanium Industry (SHE:002428) forecasts a 148% to 261% rise in its net attributable profit to between 55 million yuan and 80 million yuan in the first half from 22.1 million yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse. The germanium mining company expects earnings per share to rise to between 0.084 yuan and 0.122 yuan from 0.034 yuan a year earlier. Yunnan Lincang Xinyuan Germanium Industry attributed the expected rise to higher demand for downstream high-speed optical modules and increased sales of material-grade germanium products.
Yunnan Lincang Xinyuan Germanium Industry (SHE:002428) forecasts a 148% to 261% rise in its net attributable profit to between 55 million yuan and 80 million yuan in the first half from 22.1 million yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.
The germanium mining company expects earnings per share to rise to between 0.084 yuan and 0.122 yuan from 0.034 yuan a year earlier.
Yunnan Lincang Xinyuan Germanium Industry attributed the expected rise to higher demand for downstream high-speed optical modules and increased sales of material-grade germanium products.