Angelalign Technology's (HKG:6699) attributable profit fell to 22.5 million yuan in the first half from 32.3 million yuan in the year-ago period, according to a Thursday filing with the Hong Kong Stock Exchange.
Earnings per share at the orthodontic aligner manufacturer decreased to 0.13 yuan from 0.19 yuan a year earlier. Analysts at Visible Alpha estimated EPS at 0.34 yuan.
Revenue grew 40% to 861.5 million yuan from 616.3 million yuan in the previous year. Visible Alpha analysts forecast revenue at 754.3 million yuan.
Shares rose over 11% in morning trade Friday.
Price (HKD): $59.50, Change: $+7.2, Percent Change: +13.77%
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