ShenZhen QiangRui Precision Technology's Attributable Profit Jumps 57% in H1; Shares Rise 3%

MT Newswires Live

08/12

ShenZhen QiangRui Precision Technology's (SHE:301128) attributable profit rose 57% to 86.1 million yuan in the first half from 54.9 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen Stock Exchange.

Earnings per share at the tooling and testing fixtures manufacturer increased to 0.5880 yuan from 0.3791 yuan in the prior-year period.

Operating revenue grew 64% year over year to 1.37 billion yuan from 839.5 million yuan.

Shares rose 3% during afternoon trading on Wednesday.

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