Levima Expects H1 Profit to Surge Up to 168%
Levima Advanced Materials (SHE:003022) expects its net profit attributable to shareholders in the first half to surge between 149% and 168% to a range of 400 million yuan and 430 million yuan, according to a Tuesday disclosure on the Shenzhen bourse. The advanced materials products maker's attributable profit a year earlier was 160.7 million yuan. Earnings per share is expected to rise to between 0.30 yuan and 0.32 yuan from 0.12 yuan a year earlier. The company's shares rose 4% at the close.
Levima Advanced Materials (SHE:003022) expects its net profit attributable to shareholders in the first half to surge between 149% and 168% to a range of 400 million yuan and 430 million yuan, according to a Tuesday disclosure on the Shenzhen bourse.
The advanced materials products maker's attributable profit a year earlier was 160.7 million yuan.
Earnings per share is expected to rise to between 0.30 yuan and 0.32 yuan from 0.12 yuan a year earlier.
The company's shares rose 4% at the close.