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Nanomicro Expects H1 Profit to Soar Up to 137%

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Suzhou Nanomicro Technology (SHA:688690) expects its net profit attributable to shareholders for the first half to soar by between 102% and 137% to a range of 128 million yuan to 150 million yuan, according to a Shanghai bourse filing on Thursday.

The attributable profit a year earlier was 63.3 million yuan.

Operating revenue is expected to jump by between 35% and 38% to a range of 558 million yuan and 572 million yuan from 413.6 million yuan in the previous year.

Shares of the Chinese manufacturer of spherical, mono-disperse particles jumped 8% at the close.

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