Zhejiang Juhua's Expects H1 Profit to Soar Up to 155%; Shares Down 4%

MT Newswires Live07-09

Zhejiang Juhua (SHA:600160) expects its net profit attributable to shareholders in the first half to soar to 136% to 155% year on year, posting between 1.97 billion yuan and 2.13 billion yuan, according to a Shanghai bourse filing on Wednesday.

The Chinese power supply services provider's attributable profit a year earlier was 834.2 million yuan.

The company's shares dropped more than 4% during late morning trade.

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