Yantai North Andre Juice's (HKG:2218, SHA:605198) expects an attributable profit of between 187 million yuan and 213.5 million yuan for the six months ended June 30, up 40% to 60% from 133.8 million yuan a year prior, a Monday Hong Kong bourse filing said.
The Chinese concentrated fruit juice maker attributed the anticipated rise in profit mainly to a higher sales volume of fruit juice concentrates due to increased demand.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.