Shenzhen Inovance Technology's Attributable Profit Slips 5% in H1
MT Newswires Live
Aug 31
Shenzhen Inovance Technology's (SHE:300124) attributable profit fell 5.4% to 2.81 billion yuan in the first half from 2.97 billion yuan in the year-ago period, according to a Saturday filing with the Shenzhen Stock Exchange.
Company shares fell 2% during the midday break on Monday.
Earnings per share at the industrial automation control products company decreased to 1.03 yuan from 1.10 yuan in the prior-year period.
Operating revenue grew 20% year over year to 24.7 billion yuan from 20.5 billion yuan.
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