Shenzhen Kedali Industry (SHE:002850) forecasted first-half attributable profit of between 750 million yuan and 820 million yuan, compared with 648.1 million yuan the previous year.
The up to 27% rise is due to higher demand for new energy vehicles as well as cost-cutting and operational efficiency measures, according to a Tuesday filing with the Shenzhen bourse.
Shares of the lithium battery precision structural part manufacturer were down 1% in recent trade.
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