Qian Xun Technology Flags Rise in H1 Profit; Shares Up 3%

MT Newswires Live

08/01

Qian Xun Technology (HKG:1640) expects its H1 profit to rise year over year, according to a Hong Kong bourse filing Thursday.

Shares of the Chinese advertising firm jumped over 3% in recent Friday trade.

The company expects to post a net profit of 49.6 million yuan to 53.6 million yuan for the six months ended June 30, compared to 5.4 million yuan in the year-ago period.

The company will post its results by the end of August.

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