Shenzhen Fastprint Circuit Tech Expects Up to 316% Surge in H1 Attributable Profit

Shenzhen Fastprint Circuit Tech (SHE:002436) forecasts a 247% to 316% rise in its net attributable profit to between 100 million yuan and 120 million yuan in the first half from 28.8 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse. The printed circuit board company expects earnings per share to triple to between 0.06 yuan and 0.07 yuan from 0.02 yuan in the prior-year period. Shenzhen Fastprint Circuit Tech attributed the expected rise to steady revenue growth due to artificial intelligence construction demand. Shares fell 5% during afternoon trading on Wednesday.