Leyard Optoelectronic Q3 Profit Falls 57%, Revenue Slips 9%

MT Newswires Live

2024/10/24

Leyard Optoelectronic (SHE:300296) posted third-quarter net profit attributable to shareholders of 53.2 million yuan, down 57% from the previous year.

The electronics manufacturer's earnings per share fell 54% year over year to 0.0230 yuan, according to a Thursday filing with the Shenzhen bourse.

Revenue declined 8.6% to 1.83 billion yuan.

Leyard Optoelectronic shares were down 2% in recent trade.

Price (RMB): ¥5.06, Change: ¥-0.11, Percent Change: -2.13%

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