Pangaea Connectivity Technology (HKG:1473) expects attributable consolidated profit of at least HK$80 million for the six months ended Sept. 30, up from HK$15.4 million a year earlier, according to a Monday Hong Kong bourse filing.
The connectivity products maker attributed the forecast mainly to a significant boost in revenue by over 80% amid higher sales volume.
Shares of the connectivity products maker jumped nearly 8% in recent trade.