Asia
Xiamen Leading Optics Expects H1 Profit to Rise Up to 53%
Xiamen Leading Optics (SHA:605118) forecasted that its net profit attributable to owners in the first half to rise by between 33% and 53% year on year to a range of 172 million yuan to 197 million yuan, according to a Shanghai bourse filing on Friday.The attributable profit a year earlier was approximately 129 million yuan, or 0.32 yuan per share.The forecast was attributed to growth in output and sales, as well as an increase in orders for products, including security surveillance and professional consumer products.The Chinese imaging lens manufacturer's shares fell 3% at the close.
SHA:605118
