China Electronics Huada Technology (HKG:0085) expects attributable profit of between around HK$300 million and HK$330 million for the six months ending June 30, down from HK$552.9 million a year prior, a June 21 filing on the Hong Kong bourse said.
The integrated circuit manufacturer attributed the anticipated drop in profit mainly to a substantially lower revenue.
Shares of the company were down 7% in recent trade.
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