The company has released its performance forecasts for the first six months of 2022.
Hubei Dinglong in its performance forecast for the period of 1 January to 30 June 2022 is predicting a year-on-year growth in profits attributable to its shareholders of between 93% – 116%. Numbers are based on the preliminary analysis of the company’s financial department but has still to be audited by its accounting firm.
The forecasted profit for the period is forecasted to be ¥176.76 million ($26 million/ €25.8 million) – ¥197.7 million ($29.5 million/ €28.9 million).
In its announcement Hubei Dinglong said that “pan-semiconductor material business continued to develop, with operating income and net profit increasing year-on-year” and that “the business of general consumables for printing and copying has been operating steadily, and its comprehensive profitability has improved”.