Sanan Optoelectronics' Profit Soars in Q3

MT Newswires Live
2024/10/30

Sanan Optoelectronics (SHA:600703) recorded a net profit attributable to shareholders of 62.9 million yuan for the third quarter of the year, skyrocketing 2.278.2% from a year earlier, according to a Shanghai Stock Exchange filing on Tuesday.

Earnings per share soared 100% year on year to 0.01 yuan.

The Chinese semiconductor manufacturer's operating income was 4.18 billion yuan, climbing 13.3% from the prior year, the filing said.

The company's shares rose less than 2% in recent trade.

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