Asia
Qingdao East Steel Tower Forecasts Up to 106% Jump in H1 Profit
Qingdao East Steel Tower (SHE:002545) expects first-half attributable net profit to increase 82% to 106% year over year to between 897.2 million yuan and 1.02 billion yuan, from 493.3 million yuan a year earlier, according to a Friday filing with the Shenzhen Stock Exchange.Basic earnings per share are projected to rise to between 0.7212 yuan and 0.8177 yuan, from 0.3966 yuan in the prior-year period.
SHE:002545
