Zhejiang Jingsheng Mechanical & Electrical H1 Profit Down 64%, Revenue Declines 40%

MT Newswires Live
Aug 24

Zhejiang Jingsheng Mechanical & Electrical (SHE:300316) posted first-half attributable net profit of 232.2 million yuan, down 64% from 639.0 million yuan the previous year.

Earnings per share declined to 0.18 yuan from 0.49 yuan, according to weekend filings with the Shenzhen bourse.

Operating revenue declined 40% year over year to 3.45 billion yuan from 5.80 billion yuan.

The semiconductor supplies company declared an interim dividend of 0.60 yuan per 10 shares.

Shares of the company declined 1% in recent trade.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10