JWIPC Technology Forecasts Profit to More Than Quadruple in H1
JWIPC Technology (SHE:001339) expects its attributable profit to surge 245% to 310% to between 350.5 million yuan and 416.7 million yuan in the first half from 101.7 million yuan in the year-ago period, according to a Wednesday disclosure to the Shenzhen bourse. The Internet of Things hardware manufacturer expects earnings per share to rise to between 1.07 yuan and 1.27 yuan from 0.31 yuan a year earlier. The company attributed the forecast to continued demand across core segments due to the surge in the artificial intelligence industry.
JWIPC Technology (SHE:001339) expects its attributable profit to surge 245% to 310% to between 350.5 million yuan and 416.7 million yuan in the first half from 101.7 million yuan in the year-ago period, according to a Wednesday disclosure to the Shenzhen bourse.
The Internet of Things hardware manufacturer expects earnings per share to rise to between 1.07 yuan and 1.27 yuan from 0.31 yuan a year earlier.
The company attributed the forecast to continued demand across core segments due to the surge in the artificial intelligence industry.