The Economic Information Daily (16th) reported that Shanghai Fudan (01385) is currently up 3.8%, trading at HK$22.8, with approximately 60,000 shares traded, involving a turnover of HK$1.41 million.
Shanghai Fudan announced that it expects its profit for the first three quarters ended September 30 to range between 950 million and 1.15 billion yuan, representing an increase of 1.8 to 2.48 times year-on-year. It anticipates that profit after deducting non-recurring gains and losses will be between 700 million and 850 million yuan, up 1.3 to 1.8 times year-on-year.
The group stated that it expects operating revenue to be approximately 3.45 billion to 3.65 billion yuan, an increase of about 14.07% to 20.68%. The expected rise in revenue and net profit is primarily due to the continuous expansion of product application boundaries during the period, driving revenue growth and promoting product structure optimization. Combined with the recovery in industry prosperity and growing downstream customer demand, revenues across all product lines and gross profit margins have increased. Additionally, the group has strengthened精细化 management of inventory, significantly reducing inventory write-down losses, and recognized increased fair value gains from its strategic placement investment in Shenghe Jingwei Semiconductor, contributing to higher non-recurring gains.
Currently, the Hang Seng Index stands at 24,321, up 258 points or 1.1%, with main board turnover exceeding HK$3.2 billion. The Hang Seng China Enterprises Index is at 8,199, up 96 points or 1.2%. The Hang Seng Tech Index stands at 4,125, up 64 points or 1.6%. (vs)
Shanghai Fudan announced that it expects its profit for the first three quarters ended September 30 to range between 950 million and 1.15 billion yuan, representing an increase of 1.8 to 2.48 times year-on-year. It anticipates that profit after deducting non-recurring gains and losses will be between 700 million and 850 million yuan, up 1.3 to 1.8 times year-on-year.
The group stated that it expects operating revenue to be approximately 3.45 billion to 3.65 billion yuan, an increase of about 14.07% to 20.68%. The expected rise in revenue and net profit is primarily due to the continuous expansion of product application boundaries during the period, driving revenue growth and promoting product structure optimization. Combined with the recovery in industry prosperity and growing downstream customer demand, revenues across all product lines and gross profit margins have increased. Additionally, the group has strengthened精细化 management of inventory, significantly reducing inventory write-down losses, and recognized increased fair value gains from its strategic placement investment in Shenghe Jingwei Semiconductor, contributing to higher non-recurring gains.
Currently, the Hang Seng Index stands at 24,321, up 258 points or 1.1%, with main board turnover exceeding HK$3.2 billion. The Hang Seng China Enterprises Index is at 8,199, up 96 points or 1.2%. The Hang Seng Tech Index stands at 4,125, up 64 points or 1.6%. (vs)
