CICT Mobile Communication Technology's H1 Loss Narrows, Revenue Flat; Shares Up 5%
MT Newswires Live
Aug 27
CICT Mobile Communication Technology's (SHA:688387) attributable loss narrowed to 34.2 million yuan in the first half from 61.7 million yuan in the year-ago period, according to a Thursday filing with the Shanghai Stock Exchange.
Loss per share at the mobile communication equipment company halved to 0.01 yuan from 0.02 yuan in the prior-year period.
Operating revenue stayed flat at 2.54 billion yuan.
Shares of the mobile communication equipment manufacturer rose nearly 5% in recent trade.
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