Asia
Xi'an Sinofuse Electric Expects Up to 69% Jump in H1 Profit
Xi'an Sinofuse Electric (SHE:301031) forecasts a 47% to 69% rise in its net attributable profit to between 202 million yuan and 232 million yuan in the first half from 137.5 million yuan in the year-ago period, according to a Wednesday after-hours filing with the Shenzhen bourse.The fuse manufacturer attributes the expected rise to product and process improvements, as well as cost reduction.
SHE:301031
