China PCB Maker Shennan Circuits Sees 1H19 Profits Soar


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China's leading PCB maker Shennan Circuits Company Ltd (SCC) has estimated its net earnings for the first half of 2019 at CNY420–470 million ($61.06–68.33 million) for an annual growth of 50–70%, with the growth suggesting China's 5G infrastructure deployment is still accelerating.

SCC said in a company statement that it sustained high capacity utilization to fulfill robust orders in the first half of the year, when its newly-constructed smart plant in Nantong, Jiangsu province kicked off production of PCB products for high-end 5G communication equipment, with capacity utilization to pick up in the second half of the year.

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