Zhejiang Sanhua Intelligent Controls H1 Profit Rises 9%; Shares Climb 3%

MT Newswires Live08-30

Zhejiang Sanhua Intelligent Controls (SHE:002050) posted first-half net profit attributable to shareholders of 1.51 billion yuan, up 9% from 1.39 billion yuan the previous year.

The manufacturer of refrigeration and air-conditioning control components' earnings per share inched up to 0.40 yuan from 0.39 yuan, according to a Friday filing with the Shenzhen bourse.

Operating income rose year over year to 13.68 billion yuan from 12.53 billion yuan.

Zhejiang Sanhua Intelligent Controls declared a cash dividend of 1.00 yuan per 10 shares.

Shares of the company went up 3% in recent trade.

Price (RMB): ¥17.59, Change: ¥+0.52, Percent Change: +3.05%

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