Accelink Technologies (SHE:002281) forecatst attributable profit to grow 55% to 95% to between 323.5 million yuan and 407 million yuan in the first half from 208.7 million yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.
Basic earnings per share at the Chinese optical components and subsystems producer grew to 0.41 yuan to 0.51 yuan from 0.27 yuan a year earlier, the filing said.
The upbeat forecast is attributable to higher demand for high-end opetimcal devices and high-speed optical modules, the filing said.
Shares inched up 1% during morning trading on Tuesday.
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