Novoray H1 Profit Up 7.5%, Revenue Climbs 21%

MT Newswires Live

08/17

Novoray (SHA:688300) posted first-half attributable net profit of 149.0 million yuan, up 7.5% from 138.6 million yuan the previous year.

Earnings per share rose to 0.61 yuan from 0.57 yuan, according to a weekend filing with the Shenzhen bourse.

Operating revenue climbed 21% year over year to 629.4 million yuan from 519.3 million yuan.

Shares of the industrial powder materials manufacturer climbed 1% in recent trade.

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