China Jicheng's (HKG:1027) attributable loss narrowed to 3.49 billion yuan in the first half from 12 billion yuan in the year-ago period, according to an interim report filed Friday with the Hong Kong bourse.
Shares closed 4% higher on Friday.
Loss per share at the umbrella parts manufacturer narrowed to 0.0085 yuan from 0.0291 yuan in the prior-year period.
Revenue decreased 7.5% year over year to 173.4 million yuan from 186.9 million yuan.
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