Pine Technology (HKG:1079) returned to an attributable profit of HK$45.6 million in the year ended June 30 from a loss of HK$109.8 million in the year-ago period, according to an annual report filed Thursday with the Hong Kong Stock Exchange.
The computer components maker returned to EPS of HK$0.034 from a loss per share of HK$0.078 in the previous year.
Revenue surged to HK$234.8 million from about HK$47 million a year earlier.
Shares closed 4% higher during Friday's trading.
Price (HKD): $0.05, Change: $+0.0020, Percent Change: +4.35%
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