ACM Research Shanghai (SHA:688082) expects its operating revenue to range between 5.6 billion yuan and 5.88 billion yuan in 2024.
This marks an increase of up to 51.2% from its operating revenue of 3.89 billion yuan in 2023, according to a Wednesday filing with the Shanghai bourse.
The wafer cleaning and wet processing equipment maker forecasted operating revenue to rise further in 2025 to between 6.5 billion yuan and 7.1 billion yuan.
Shares of ACM Research Shanghai rose 1% in recent trade.
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