T&S Communications' Attributable Profit Increases Marginally in H1

MT Newswires Live

08/17

T&S Communications (SHE:300570) attributable profit rose 1.7% to 176.3 million yuan in the first half from 173.4 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen Stock Exchange.

Earnings per share at the fiber optics communication products manufacturer increased to 0.7763 yuan from 0.7633 yuan in the prior-year period.

Operating revenue grew 21% year over year to 1.00 billion yuan from 828.5 million yuan.

Shares rose 20% higher during market close on Monday.

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