Zhejiang Century Expects H1 Profit to Jump Up to 80%; Shares Up 3%
Zhejiang Century Huatong (SHE:002602) expects its net profit attributable to shareholders in the first half to jump by between 62% and 80% year on year to a range of 4.30 billion yuan to 4.77 billion yuan, according to a Shenzhen bourse filing on Wednesday. The attributable profit a year earlier was 2.66 billion yuan. Earnings per share are expected to increase to between 0.59 yuan and 0.66 yuan from 0.37 yuan in the previous year. Operating revenue is also expected to climb 28% year on year to 22 billion yuan. The Chinese game developer's shares rose 3% during the afternoon trade.
Zhejiang Century Huatong (SHE:002602) expects its net profit attributable to shareholders in the first half to jump by between 62% and 80% year on year to a range of 4.30 billion yuan to 4.77 billion yuan, according to a Shenzhen bourse filing on Wednesday.
The attributable profit a year earlier was 2.66 billion yuan.
Earnings per share are expected to increase to between 0.59 yuan and 0.66 yuan from 0.37 yuan in the previous year.
Operating revenue is also expected to climb 28% year on year to 22 billion yuan.
The Chinese game developer's shares rose 3% during the afternoon trade.