Megmeet Electrical's H1 Profit Jumps 45%

MT Newswires Live

08/28

Shenzhen Megmeet Electrical's (SHE:002851) net profit attributable to shareholders in the first half soared 45.2% to 252.1 million yuan from 173.6 million yuan a year earlier, according to a Shenzhen bourse filing on Friday.

Earnings per share of the Chinese industrial automation equipment manufacturer climbed to 0.4360 yuan from 0.3152 yuan a year ago.

Operating revenue jumped 29.7% year on year to 6.06 billion yuan from 4.67 billion yuan.

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