Shenzhen Kinwong Electronic (SHA:603228) expects an attributable net profit of 912 million yuan to 1.09 billion yuan, up by 205% to 265% from the previous year.
Revenue is projected to rise 53% to 75% year over year to 6.12 billion yuan to 6.98 billion yuan, according to a weekend filing with the Shanghai bourse.
The printed circuit board manufacturer cited the mass production of high-performance PCBs, cost optimization and a strong order pipeline as reasons for the upbeat forecast.
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