NARI's H1 Profit Rises 4%, Revenue Jumps 15%; Shares Down 3%

MT Newswires Live
Aug 27

NARI Technology's (SHA:600406) net profit attributable to shareholders in the first half rose 4% to 3.07 billion yuan from 2.95 billion yuan, according to a Thursday filing on the Shanghai bourse.

Earnings per share increased 4.4% year on year to 0.38 yuan from 0.37 yuan.

Operating revenue jumped 15% to 27.8 billion yuan from 24.2 billion yuan in the previous year.

The Chinese electrical equipment manufacturer proposed to distribute a cash dividend of 0.153 yuan per share to shareholders.

The company's shares dropped 3% during the morning trade.

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