Changes in Hong Kong stocks | SGL (06656) rose more than 9% in early trading and is expected to increase net profit by 190% to 210% in the first half of the year

The Zhitong Finance App learned that SGX (06656) rose more than 9% in early trading. As of press release, it had risen 8.16% to HK$307.4, with a turnover of HK$15.296,800.

According to the news, SGL announced that it expects revenue of 9.5 billion yuan to 10 billion yuan for the first half of the year, an increase of about 240% to 270% over the previous year; net profit is expected to be 2.35 billion yuan to 2.45 billion yuan, an increase of about 190% to 210% over the previous year. Profit attributable to the company's shareholders is estimated to be 2.35 billion yuan to 2.45 billion yuan, an increase of 190% to 210%. The announcement stated that the increase in performance was mainly due to the continuous expansion of the core market size and increase in market share, which contributed to the increase in sales volume.