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RTNominal down2.000 -0.040 (-1.961%)

15/07/2021 14:53

Zhejiang Shibao (01057) sees increase in interim net

[ET Net News Agency, 15 July 2021] Zhejiang Shibao Company Limited (01057) said the
company expects that the net profit attributable to shareholders of listed company for the
six months from 1 January to 30 June 2021 is between RMB30,000,000 and RMB38,000,000
(corresponding period of last year: RMB17,075,500), representing an increase of 75.69% to
122.54% as compared with the corresponding period of last year.
During the reporting period, the automotive industry is growing faster which contributed
to the increase in the company's revenue, resulting in the increase in the company's
earnings. In addition, during the reporting period, the company disposed of an idle plant
and obtained pre-tax income of approximately RMB6,780,900.00. (RC)

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