Maxio Technology expects first-half net profit to surge 821 percent

Earnings
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Maxio Technology issued a positive profit alert for the first half on July 14, forecasting net profit of 517 million yuan, a year-on-year increase of 821 percent. According to statistics from Securities Times Data Treasure, among stocks that pre-announced first-half profit growth of more than 50 percent, 63.02 percent saw their share price rise on the day of the announcement, 56 hit the daily upper limit that day, and 56.27 percent posted gains five days after the announcement.

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