Goldenmax International Group (SHE:002636) forecasts first-half attributable net profit of between 15 million yuan and 22.5 million yuan, compared with profit of 70.0 million yuan the previous year.
The forecast marked a decline of between 68% and 79% from the year-ago figure, which benefited from a one-time investment gain of 77 million yuan, according to a Thursday filing with the Shenzhen bourse.
Shares of the copper-clad laminates products manufacturer rose 5% in recent trade.
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