Advanced Fiber Resources (Zhuhai) (SHE:300620) forecasted that its net profit attributable to shareholders for the first half will soar by between 170% and 190% to a range of 140.1 million yuan to 150.4 million yuan, according to a Shenzhen bourse filing on Wednesday.
The Chinese core optical component manufacturer's shares jumped 4% during Wednesday's afternoon trade.
The attributable profit a year earlier was 51.9 million yuan.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments