Sichuan Em Technology Projects 64% Rise in H1 Profit; Shares Down 5%
Sichuan Em Technology (SHA:601208) forecasted first-half attributable net profit of about 312 million yuan, compared with 190.3 million yuan the previous year.The 64% rise is attributed to rapid growth in high-end material markets, according to a Thursday filing with the Shanghai bourse.Shares of the electrical insulation material manufacturer declined 5% in recent trade.