Imeik Technology Development's H1 Attributable Profit Rises 16%; Shares Plunge 10%

MT Newswires Live08-22

Imeik Technology Development's (SHE:300896) attributable profit rose 16% to 1.12 billion yuan in the first half from 963.4 million yuan in the year-ago period, according to a Thursday filing with the Shenzhen Stock Exchange.

Earnings per share at the Chinese biomedical products manufacturer decreased 16% to 3.72 yuan from 4.45 yuan in the previous year.

Operating income grew 14% to 1.66 billion yuan from 1.46 billion yuan a year earlier.

Shares plunged 10% during Thursday's morning trading.

Price (RMB): ¥147.57, Change: ¥-17, Percent Change: -10.06%

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