Austar Lifesciences Forecasts Boost in H1 Profit

MT Newswires Live07-31

Austar Lifesciences (HKG:6118) expects an attributable profit of between 23 million yuan and 25 million yuan for the six months ended June 30, up from 5.9 million yuan a year prior, a Thursday Hong Kong bourse filing said.

The technology-based pharmaceutical engineering solution provider attributed the upbeat forecast to efficiency enhancement, optimized administrative and R&D expenditures, and a rise in other gains.

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