YOFC Optical Fiber and Cable Co., Ltd. (06869.HK) has just announced its results for the first half of 2017, with both gross profit and net profit achieving an increase of more than 50%.
According to reports, YOFC’s revenue in the first half of this year reached 4.64 billion yuan, a year-on-year increase of 26.2%.
Gross profit was approximately 1.235 billion yuan, a year-on-year increase of 53%.
Profits attributable to equity holders were approximately 565 million yuan, a year-on-year increase of 59.4%.
