Jiangsu Zhongtian Technology (SHA:600522) posted first-half net profit attributable to shareholders of 1.46 billion yuan, or 0.430 per share, down 25% from 1.95 billion yuan, or 0.573 yuan per share, the previous year.
The communication products manufacturer's operating income rose year over year to 21.42 billion yuan from 20.14 billion yuan, according to a filing with the Shanghai bourse.
Shares of the company were down nearly 5% in morning trade Friday.
Price (RMB): ¥13.06, Change: ¥+0.47, Percent Change: +3.73%
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