Guoxuan Hi-Tech issued a forecast of first-half results: net profit of 150 million yuan to 200 million yuan, an increase of 132.27% and 209.69% over the same period last year.

Thank you, Mr. Air, a netizen of CTOnews.com, for your clue delivery! CTOnews.com, July 15 (Xinhua)-- Guoxuan Tech, a Chinese power battery giant backed by Volkswagen, recently released a forecast for the first half of 2023, with operating income of about 140-16 billion yuan and net profit belonging to shareholders of listed companies of 150-200 million yuan, an increase of 132.27% 209.69% over the same period last year.

The summary information of CTOnews.com here is as follows:

The company previously reported a net profit of 75.61 million yuan in the first quarter, so the report showed a net profit of 74.39 million yuan to 124.4 million yuan in the second quarter, an increase of 129.46% and 283.68% over the same period last year.

Operating income Guoxuan Hi-Tech said its revenue in the first half was 14 billion yuan to 16 billion yuan, up from 8.64 billion yuan in the same period last year.

Given that the company's first-quarter revenue was 7.18 billion yuan, the forecast implies that its second-quarter revenue will be 6.82 billion yuan to 8.82 billion yuan, an increase of 44.49% to 86.86% from a year earlier.

Basic earnings per share Guoxuan Hi-Tech expects basic earnings per share for the first half of the year to be 0. 5%. 08 yuan to 0. 5 yuan. 11 yuan, up from 0. 5 percent in the same period last year. 04 yuan.