Beijing StarNeto: Net profit in 2020 H1 expected to increase 15 times YoY

Beijing StarNeto, a leading Chinese producer on GPS products, disclosed the semi-annual results forecast for 2020 on the evening of June 28.

Beijing StarNeto, a leading Chinese producer on GPS products, disclosed the semi-annual results forecast for 2020 on the evening of June 28.

In the first half of the year, its estimated profit is 28 million to 38 million yuan, an increase of 1535.23% to 2119.24% year-on-year.

It mentioned that the company continues to invest in R&D in the direction of intelligent unmanned systems, has formed a relatively complete product system and developed products with core competitiveness.

In the first half of the year, it made great progress in its new business, and its existing core business also grew rapidly.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/29/beijing-starneto-net-profit-in-2020-h1-expected-to-increase-15-times-yoy/.

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