AMEC H1 Profit Falls 48.5%, Operating Income Up 36.5%; Shares Down 8%

MT Newswires Live08-23

AMEC (SHA:688012) posted first-half net profit attributable to shareholders of 516.7 million yuan, or 0.83 yuan per share, up 48.5% from 1.00 billion yuan, or 1.62 yuan per share, the previous year.

The semiconductor equipment supplier's operating income rose 36.5% year over year to 3.45 billion yuan from 2.53 billion yuan, according to a filing with the Shanghai Stock Exchange on Friday.

AMEC shares were down 8% in recent trade.

Price (RMB): ¥127.33, Change: ¥-11, Percent Change: -8.26%

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