QITIAN Technology Group Co., Ltd. provided consolidated earnings guidance for the six months ended 30 June 2022. For the period, the Group is expected to record an approximate increase of no less than 40% in net profit attributable to shareholders for the six months ended 30 June 2022, as compared to that for the six months ended 30 June 2021, which was mainly attributable to (i) the increase in revenue as a result of the increase in the Group's sales volume; (ii) the increase in exchange gain arising from the appreciation of U.S. dollar against Renminbi; and (iii) a decrease in finance costs due to the repayment of bank borrowings.
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- Qitian Technology Group Co., Ltd. Provides Consolidated Earnings Guidance for the Six Months Ended 30 June 2022