Far East Smarter Energy shot up to its daily limit on September 2, closing at 19.5 yuan per share with a total market value of 43.3 billion yuan. The stock has surged more than 142 percent since the start of this year, and on that day it attracted net main capital inflows of over 1.6 billion yuan, ranking first across the entire market. The company announced on the evening of September 1 that in August, its subsidiaries won contracts or signed orders worth 10 million yuan or more totaling 1.78 billion yuan, up 5.4 percent year on year. Cumulative orders in the first eight months reached 16.536 billion yuan. Its interim report shows first-half revenue of 12.992 billion yuan, up 0.12 percent year on year, with net profit attributable to the parent company of 205 million yuan, up 43.13 percent year on year. Second-quarter net profit rose 12 percent quarter on quarter.
Far East Smarter Energy Co LtdFirst-half net profit attributable to parent rose 43.13% year on year and Q2 net profit rose 12% quarter on quarter.
