Chaozhou Three-Circle Forecasts Up to 65% Rise in H1 Profit

MT Newswires Live

07/21

Chaozhou Three-Circle (HKG:6951, SHE:300408) expects attributable profit of 1.79 billion yuan to 2.04 billion yuan for the first half, up 45% to 65% from 1.24 billion yuan a year earlier, according to a Tuesday Hong Kong bourse filing.

The electronic components manufacturer attributed the expected earnings growth to stronger demand for electronic components and optical communication products, higher prices, and sales of multilayer ceramic capacitors.

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