Dongshan Precision Manufacturing's H1 Profit to Surge By Up to 296%; Shares Up 3%
Suzhou Dongshan Precision Manufacturing (SHE:002384) expects its net profit attributable to shareholders for the first half to soar by between 283% and 296% to a range of 2.90 billion yuan to 3 billion yuan, according to a Shenzhen bourse filing on Wednesday. The attributable profit a year earlier was 758 million yuan. Earnings per share are expected to rise to between 1.58 yuan and 1.64 yuan from 0.45 yuan in the previous year. The Chinese printed circuit board manufacturer's shares increased 3% during the midday trade.
Suzhou Dongshan Precision Manufacturing (SHE:002384) expects its net profit attributable to shareholders for the first half to soar by between 283% and 296% to a range of 2.90 billion yuan to 3 billion yuan, according to a Shenzhen bourse filing on Wednesday.
The attributable profit a year earlier was 758 million yuan.
Earnings per share are expected to rise to between 1.58 yuan and 1.64 yuan from 0.45 yuan in the previous year.
The Chinese printed circuit board manufacturer's shares increased 3% during the midday trade.