Hangzhou Lion Electronics Expects Turn to H1 Profit
MT Newswires Live
Jul 14
Hangzhou Lion Electronics (SHA:605358) forecasted first-half attributable net profit of about 85 million yuan, compared with loss of 127.0 million yuan the previous year.
The turnaround is attributed to improved profitability in semiconductor silicon wafers, according to a Tuesday filing with the Shanghai bourse.
Shares of the semiconductor wafer manufacturer were up 3% Tuesday.
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