Hebei Sinopack Electronic's H1 Attributable Profit Jumps 41% in H1; Shares Fall 5%
MT Newswires Live
Aug 25
Hebei Sinopack Electronic Technology's (SHE:003031) attributable profit rose 41% to 402.7 million yuan in the first half from 285.2 million yuan, after adjustments, in the year-ago period, according to a Tuesday filing with the Shenzhen Stock Exchange.
Earnings per share at the electronic ceramic products maker increased to 0.89 yuan from 0.63 yuan in the prior-year period.
Operating revenue grew 55% year over year to 2.21 billion yuan from 1.43 billion yuan.
Directors declared a dividend of 1.85 yuan per 10 shares, or 0.185 yuan per share.
Company shares fell 5% during afternoon trading on Tuesday.
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.