SHA:688433

2 stories mentioning SHA:688433Updated 53m ago

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Farsoon Technologies Forecasts 87% Profit Jump, 42% Revenue Growth in H1

Farsoon Technologies (SHA:688433) expects attributable profit in the first half to jump 87% year over year to 8.4 million yuan, according to a Shanghai bourse filing Friday.Revenue is predicted to jump 42% from a year earlier to 340.5 million yuan.The industrial additive manufacturer attributed the anticipated growth to demand recovery in the downstream application market.

SHA:688433

Asia32d ago

Farsoon Technologies Shareholders Reduce Stakes

Two Farsoon Technologies (SHA:688433) shareholders, including Chief Financial Officer Zhong Qinglan, plan to reduce their stakes in the company, according to a Monday filing with the Shanghai bourse.Hou Yinhua will slash his share count by up to 8.3 million shares, while Zhong will reduce his stake by up to 85,617 shares.

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