Able Engineering Posts Higher Fiscal H1 Profit; Shares Slip 4%

MT Newswires Live
12/01

Able Engineering (HKG:1627) reported a HK$108.2 million profit for the six months ended Sept. 30, up from HK$99.9 million a year earlier, according to an Nov. 28 Hong Kong bourse filing.

Shares of the engineering and construction company were down nearly 4% in Monday morning trade.

Earnings per share for the fiscal first-half came in at HK$0.0541, compared with HK$0.0499 in the prior-year period.

Revenue rose to HK$4.11 billion from HK$3.95 billion.

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