Plover Bay Technologies (HKG:1523) expects a substantial year-over-year boost in net profit for the six months ending June 30, a Tuesday filing on the Hong Kong bourse said.
The software company attributed the anticipated rise in profit mainly to a higher sales volume and an improvement in net profit margin.
Shares of the company closed 6% lower on Tuesday.
Price (HKD): $3.14, Change: $-0.20, Percent Change: -5.99%
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