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6636 — Shandong Extreme Vision Technology News Story

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Shandong Extreme Vision jumps most in three months on robust revenue forecast

BUZZ-Shandong Extreme Vision jumps most in three months on robust revenue forecast

** Shares of Shandong Extreme Vision Technology 6636.HK jump 11.9% to HK$85, on track for biggest one-day pct gain since April 22

** Stock of China-based AI computer vision solutions and large-scale model solutions provider hits the highest level since July 13, snapping two straight falling sessions

** Company expects H1 revenue to amount to 153.4 mln yuan-165.2 mln yuan ($22.67 mln-$24.41 mln), up 160%-180% y/y, with adjusted net profit of about 6 mln yuan as compared with an adjusted net loss in the year-ago period

** Since debut on March 30, stock is up 111.5% from offer price

** YTD, benchmark Hang Seng Index .HSI down 1.8%

($1 = 6.7673 yuan)


(Reporting by Donny Kwok)

((donny.kwok@thomsonreuters.com))

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