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FINWIRES

Dtech's H1 Profit to Surge By Up to 338%; Shares Jump 13%

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Guangdong Dtech Technology (SHE:301377, HKG:1377) expects its net profit attributable to the shareholders for the first half to surge by between 301% and 338% year on year to a range of 640 million yuan to 700 million yuan, according to a Hong Kong filing on Monday.

The technology company's Shenzhen shares jumped 13% and Hong Kong shares rose 6% during Tuesday's afternoon trade.

The company attributed the forecast to an increase in production and sales amid demand growth for printed circuit boards.

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Beijing Digital Telecom Suspends Executive Director After Detention

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Market Chatter: CTBC Bank Opens NT$100 Million Asset Management Branch

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Sandfire Resources Possesses More Attractive Development Opportunities Besides Montana Project, Jefferies Says

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