Shandong Dongyue Organosilicone Materials Flags Up to 451% Jump in Q1 Profit

MT Newswires Live

04/08

Shandong Dongyue Organosilicone Materials (SHE:300821) expects first-quarter profit attributable to shareholders of 183 million yuan to 203 million yuan, representing a year-on-year increase of 397% to 451.3%, according to a Wednesday Hong Kong bourse filing by parent Dongyue Group (HKG:0189).

Dongyue Organosilicone's shares jumped nearly 7% in early-morning trade Wednesday.

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