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01385 SHANGHAI FUDAN
RTNominal down9.390 -0.330 (-3.395%)
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26/10/2021 11:02

Shanghai Fudan (01385) sees 266% increase in 9-month profit

[ET Net News Agency, 26 October 2021] Shanghai Fudan Microelectronics Group Company
Limited (01385) said it is expected that the group will record an unaudited profit
attributable to the owners of the parent for the nine months ended 30 September 2021 of
approximately RMB388,228,000, as compared with approximately RMB106,047,000 for the same
period in 2020, a surge of approximately 266%.
The main reasons for the increase are strong demand of the industry, increase in orders
from downstream customers and increases in prices of main products with different degrees.
These factors brought with growth in turnover and increase in product gross profit margin.
(RC)

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