EVE Energy Co., Ltd (300014.SZ) announced on Monday that its net profits for 2015 are estimated to stand at between 151.62 million yuan and 160.05 million yuan, up by the range of 80 percent to 90 percent year on year.
The company attributed the profit jump to the growth in the Internet of Things application market, adjustment in product mix, increased investment in R&D, and some projects entering the profitable phase.
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