The company has released its performance forecast for the period 1 January 2022 to 31 December 2022.
Hubei Dinglong is projecting a year-on-year growth of 76-90% in its profits for the period. Net profit is forecasted to be ¥2.13 billion ($315 million/ €291 million).
The forecast included the operating income of the printing and copying consumables business was nearly ¥2.2 billion ($325 million/ €299 million), and the profitability increased significantly year-on-year.
Hubei also said in its forecast that the semiconductor business made a big contribution to the increase in profits and it was developing “rapidly”.
