Inspur Electronic's Attributable Profit Increases More Than Threefold in H1; Shares Up 5%
MT Newswires Live
Aug 31
Inspur Electronic Information Industry's (SHE:000977) attributable profit jumped 270%, or 3.7 times, to 2.95 billion yuan in the first half from 798.6 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen Stock Exchange.
Earnings per share at the cloud computing and big data company increased to 2.0101 yuan from 0.5425 yuan in the prior-year period.
Operating revenue edged up 5.2% year over year to 84.4 billion yuan from 80.2 billion yuan.
Company shares rose 5% during the midday break on Monday.
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