Altogether 364 out of the 484 companies listed on ChiNext board, or China's Nasdaq-like stock market, had guided their third-quarter financial results by Wednesday, of which 242 ones or 66.48 percent predicted profits, according to Wind data.
Among them, 78 ChiNext-listed companies expected to see a net rise of over 50 percent on a yearly basis in the third quarter of 2015. Meanwhile, 107 companies predicted to incur loss in the third quarter, representing 29.4 percent of the total that had already unveiled financial guidance.
19 companies even expected to see a net loss of over 100 percent in the third quarter. Companies in wind power, lithium battery, financial information service and photovoltaic power generation sectors guided remarkable profit growth in the third quarter thanks to improved industrial climate, rising demand and policy support.
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