Sanhua Intelligent Controls' H1 Profit, Operating Income to Jump Up to 15%; Shares Up 4%

MT Newswires Live07-02

Zhejiang Sanhua Intelligent Controls (SHE:002050) expects to record a net profit attributable to shareholders of between 1.46 billion yuan and 1.60 billion yuan in the first half, rising up to 1.39 billion yuan a year earlier, according to the company's disclosure on the Shenzhen Stock Exchange.

Earnings per share will be between 0.39 yuan and 0.43 yuan, compared to 0.39 yuan in the previous year, the Tuesday disclosure added.

The Chinese manufacturer of refrigeration and air-conditioning control components' operating income is anticipated to be between 13.2 billion yuan and 14.4 billion yuan, growing up to 15% year on year from 12.5 billion yuan.

Shares jumped less than 4% in recent trade.

Price (RMB): Â¥19.45, Change: Â¥+0.81, Percent Change: +4.35%

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