Haohai Biological Technology's Q1 Profit Slides 7%

MT Newswires Live

04/28

Shanghai Haohai Biological Technology (HKG:6826, SHA:688366) recorded a 7% decline in attributable profit in the first quarter to 90.3 million yuan from 97.5 million yuan in the year-ago period, a Friday Hong Kong bourse filing said.

Earnings per share were 0.39 yuan in the quarter, down from 0.42 yuan in the corresponding period of the last fiscal year.

The ophthalmic products manufacturer's revenue fell 4.3% to 618.5 million yuan in the three months from 646 million yuan a year prior.

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