Shenzhen Capchem Technology's Attributable Profit Doubles in H1; Shares Slide 3%

MT Newswires Live

08/21

Shenzhen Capchem Technology's (SHE:300037) attributable profit rose 103% to 983.8 million yuan in the first half from 483.8 million yuan in the year-ago period, according to a Friday filing with the Shenzhen Stock Exchange.

Earnings per share at the new electronic chemicals and functional materials maker doubled to 1.26 yuan from 0.63 yuan in the prior-year period.

Operating revenue grew 76% year over year to 7.46 billion yuan from 4.25 billion yuan.

Shares fell 3% during late afternoon trading on Friday.

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