Orbbec Forecasts Nearly 31Million Yuan Profit in April-May

MT Newswires Live06-19

Orbbec (SHA:688322) forecasts it will log a profit of 30.7 million yuan in April and May, up from 33.3 million yuan from the year-ago period, according to a Wednesday filing with the Shanghai bourse.

Operating income for the two months surged 132% to 171.9 million yuan, the filing said.

THe increase is attributable to its technology innovation investment-commercial results transformation strategy, the Chinese 3D visual perception product maker said.

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