Asia
CSG Digital Power Grid Expects H1 Profit to Surge 1,512%
CSG Digital Power Grid Research Institute (SHE:301638) expects its net profit attributable to shareholders in the first half to skyrocket by between 1,051% and 1,512% to a range of 150 million yuan to 210 million yuan, according to a Shenzhen bourse filing on Wednesday.The digital power grid systems developer's shares jumped 8% at the close of Thursday's trade.The attributable profit a year earlier was approximately 13 million yuan.The company attributed the forecast to accelerating its investment schedules and expediting project implementation and delivery.
SHE:301638
