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SHA:688498

3 stories mentioning SHA:688498Updated 17d ago

Every FINWIRES story that references SHA:688498, newest first.

Asia

Yuanjie Semiconductor Technology Forecasts Up to 364% Surge in H1 Profit

Yuanjie Semiconductor Technology (SHA:688498) forecasts a 339% to 364% surge in its net attributable profit to between 900 million yuan and 950 million yuan from 46.3 million yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.The optical chip maker attributes the growth to a significant increase in revenue, mainly from its data center business, and reduced expenses.Shares rose nearly 1% during morning trading on Wednesday.

SHA:688498
Research

Nomura Starts Yuanjie Semiconductor Technology at Neutral With 1,655 Yuan Price Target

Yuanjie Semiconductor Technology (SHA:688498) has an average rating of overweight and mean price target of 1,291.40 yuan, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

SHA:688498
Asia

Yuanjie Semiconductor Technology Q1 Profit Soars 1,153%; Shares Up 4%

Yuanjie Semiconductor Technology (SHA:688498) posted first-quarter attributable net profit of 179.4 million yuan, up 1,153% from 14.3 million yuan the previous year.Earnings per share rose to 2.08 yuan from 0.17 yuan, according to a Tuesday filing with the Shanghai bourse.Revenue jumped 321% year over year to 355.3 million yuan from 84.4 million yuan.Shares of the chip manufacturer were up 4% in recent trade.

SHA:688498

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