Xiamen Network Tech's H1 Profit Rises 23%, Revenue Climbs 26%

MT Newswires Live
08/19

Yealink Xiamen Network Technology's (SHE:300628) net profit attributable to shareholders for the first half rose 23% to 1.52 billion yuan from 1.24 billion yuan a year earlier, according to a Wednesday disclosure on the Shenzhen bourse.

Earnings per share increased 23% year on year to 1.20 yuan from 0.98 yuan.

Operating revenue climbed 26% to 3.35 billion yuan from 2.65 billion yuan in the prior year.

The telecommunications company proposed to pay out to shareholders a cash dividend of 5 yuan per ten shares.

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