Wus Printed Circuit Forecasts Up to 110% Jump in Nine-Month Profit

MT Newswires Live10-15

Wus Printed Circuit (Kunshan) (SHE:002463) expects to record a 101% to 110% year-over-year surge in attributable net profit in the first three quarters, according to a Shenzhen bourse filing on Thursday.

Net profit is estimated to range between 5.45 billion yuan and 5.70 billion yuan, up from 2.72 billion yuan a year earlier.

The Chinese printed circuit board maker attributed the anticipated growth to increased demand from application areas such as artificial intelligence services and high-speed switches. It also cited the profit turnaround at its Thai subsidiary.

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