SHE:301165

3 stories mentioning SHE:301165Updated just now

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Ruijie Networks' Attributable Profit Jumps 54% in H1

Ruijie Networks' (SHE:301165) attributable profit rose 54% to 694.2 million yuan in the first half from 452.1 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen Stock Exchange.Earnings per share at the network equipment manufacturer increased to 0.6230 yuan from 0.4060 yuan in the prior-year period.Operating revenue grew 33% year over year to 8.83 billion yuan from 6.65 billion yuan.Shares rose 2% during morning trading on Monday.

SHE:301165

Asia45d ago

Ruijie Networks Expects Up to 66% Increase in H1 Profit; Shares Up

Ruijie Networks (SHE:301165) forecasts its net profit attributable to shareholders for the first half will rise by 33% to 66% year on year to between 600 million yuan and 750 million yuan, according to a Shenzhen filing on Thursday.The software developer's shares jumped 13% during Friday's morning trade.The attributable net profit a year earlier was 452.1 million yuan.

SHE:301165

Asia45d ago

Ruijie Networks Cites No New Data to Justify Stock Surge

Ruijie Networks (SHE:301165) said its recent stock surge may be driven by growing market expectations that AI Agent and computing power demand will drive higher capital expenditures from internet cloud vendors, boosting the broader switch sector.The software developer's closing price deviated by over 30% across three straight trading sessions from June 29 to July 1, according to a Thursday filing with the Shenzhen bourse.After self-examination, the company said it has no undisclosed material information, plans or negotiations that may have had a significant impact on its stock price.

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