CGN Nuclear Technology Development Co., Ltd predicted its net profit to surge by 259.47-365.19% from a year ago in the first half of this year, it said in a statement late July 7.
Its net profit may reach 170-220 million yuan ($24.3-31.4 million) during the period, according to the company.
In the first half of 2019, the firm gained 47 million yuan of earnings, with basic earnings per share at 0.0461 yuan/t.
CGN Nuclear Technology Development, the first listed company in nuclear technology utilization sector in China, is also top enterprise in such industry.
Nuclear technology has been widely used in industry, agriculture, biology, medical treatment and health, environment protection, resource exploration and public security, and nearly 150 countries have launched study and utilization of nuclear technology.
(Writing by Tammy Yang Editing by Jessie Jia)
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