Recent preliminary financial reports for the first half of the year from listed Xiamen enterprises show robust growth in sectors including apparel, automotive, healthcare and electronic components.

 

Women's fashion firm Xin Hee announced half-year net profit attributable to shareholders of between 12.5 million and 16 million yuan, compared to last year's 4.6 million yuan. Jihong Group projected net profit of between 130 million and RMB 137 million, up around 100 percent year-on-year. Jihong is Xiamen's first privately-owned firm to be incorporated in the mainland and listed on the Hong Kong stock exchange, making it an AH dual-listed company.

 

Ruida Futures anticipated a first-half profit of between 206 million and 251 million yuan, up at least 50 percent, while Kingdomway forecasted a net profit attributable to shareholders of between 221 million and 260 million yuan (up 70 to 100 percent).

 

Double Medical forecast a range of 230 million to 250 million yuan (up 66 to 80 percent) and King Long Motor pegged net profit of 116 million yuan (up 74 percent). Leading Optics projected a net profit attributable to parent company owners of 120 million to 135 million yuan, up more than 50 percent.