Advanced Fiber Resources Q3 Profit Surges 149%; Shares Up 3%

MT Newswires Live

10/23

Advanced Fiber Resources Zhuhai (SHE:300620) posted third-quarter attributable net profit of 63.4 million yuan, up 149% from the previous year.

Earnings per share rose 146% to 0.2510 yuan, according to a Thursday filing with the Shenzhen bourse.

The communication device manufacturer's operating revenue climbed 27% year over year to 401.8 million yuan.

Shares of the company went up nearly 3% in recent trade.

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