Asia
LX Technology Forecasts 300% Surge in H1 Net Profit
LX Technology (HKG:2436) expects a 300% increase in net profit for the six months ended June 30 to around 20 million yuan from 4.9 million yuan a year prior, according to a Monday Hong Kong bourse filing.Shares of the refurbished IT equipment seller were up nearly 1% in Tuesday afternoon trading.The company attributed the forecast to the growth of its device lifecycle management solutions business related to computing power infrastructure.
HKG:2436
