Qian Xun Technology Flags Rise in H1 Profit; Shares Up 3%
MT Newswires Live
Aug 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.
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.