Smartsens Technology to Turn to Profit in January-September Period

MT Newswires Live
14 Oct 2024

Smartsens Technology Shanghai (SHA:688213) expects to turn to a profit in the first three quarters of the year, according to a Monday filing on the Shanghai Stock Exchange.

Net profit attributable to the owner is anticipated to range between 252.3 million yuan and 292.3 million yuan during the nine-month period, compared to a loss of 65.5 million yuan a year ago.

The Chinese CMOS image sensor chip designer expects to generate between 4.10 billion yuan 4.30 billion yuan in operating income, up by up to 143% from 1.77 billion yuan a year earlier.

Shares of the company rose marginally in recent trade.

Price (RMB): ¥63.22, Change: ¥+0.32, Percent Change: +0.51%

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10