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Giant Network's H1 Profit to Soar Up to 183%

Giant Network Group (SHE:002558) forecasted that its net profit attributable to shareholders in the first half will soar by between 157% and 183% to a range of 2 billion yuan to 2.20 billion yuan, according to a Shenzhen bourse filing on Wednesday. The attributable profit a year earlier was 777 million yuan. The game developer's shares dropped 4% during the afternoon trade. The earnings per share will rise to between 1.06 yuan and 1.16 yuan from 0.42 yuan.

SHE002558

Giant Network Group (SHE:002558) forecasted that its net profit attributable to shareholders in the first half will soar by between 157% and 183% to a range of 2 billion yuan to 2.20 billion yuan, according to a Shenzhen bourse filing on Wednesday.

The attributable profit a year earlier was 777 million yuan.

The game developer's shares dropped 4% during the afternoon trade.

The earnings per share will rise to between 1.06 yuan and 1.16 yuan from 0.42 yuan.