Shenzhen MTC H1 Profit Up 24%, Operating Income Rises 23%; Shares Down 7%

MT Newswires Live08-06

Shenzhen MTC (SHE:002429) posted a first half net profit attributable to shareholders of 910.7 million yuan, or 0.20 yuan per share, up from 734.3 million yuan, or 0.16 yuan per share, a year earlier.

The video and audio consumer electronics manufacturer's operating income rose year over year to 9.52 billion yuan from 7.74 billion yuan, according to a Tuesday filing with the Shenzhen bourse.

Shenzhen MTC shares were down 7% in recent trade.

Price (RMB): ¥4.61, Change: ¥-0.34, Percent Change: -6.87%

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