Shenzhen MTC (SHE:002429) attributable profit fell 27% to 661.5 million yuan in the first half from 910.8 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen bourse.
Shares fell 2% during afternoon trading on Monday.
Earnings per share at the consumer electronics company declined to 0.15 yuan from 0.20 yuan in the prior year.
Operating income decreased 11% to 8.48 billion yuan from 9.52 billion yuan a year earlier.
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