Shanghai Fudan Microelectronics Group Company (HKG:1385) expects a profit attributable to the owners of about 400 million yuan to 450 million yuan for the nine months ended Sept. 30, representing a decrease of about 30.78% to 38.48% compared with the profit of about 650.1 million yuan for the prior year, according to a Friday filing on the Hong Kong bourse.
The company attributed the expected decrease in profit to the lower revenue and gross profit margins, group's increased research and development expenses for the current period compared with the corresponding period of the previous year.
The Company plans to publish its third quarterly report in October.
The microelectronic company's shares were up by almost 16% at the close of trade.
Price (HKD): $17.80, Change: $+2.4, Percent Change: +15.89%
免责声明：投资有风险，本文并非投资建议，以上内容不应被视为任何金融产品的购买或出售要约、建议或邀请，作者或其他用户的任何相关讨论、评论或帖子也不应被视为此类内容。本文仅供一般参考，不考虑您的个人投资目标、财务状况或需求。TTM对信息的准确性和完整性不承担任何责任或保证，投资者应自行研究并在投资前寻求专业建议。