Ming Yang Smart Energy's H1 Profit Edges Up, Operating Income Climbs 11%; Shares Down 4%

MT Newswires Live2024-09-02

Ming Yang Smart Energy Group (SHA:601615) recorded a net profit attributable to shareholders of 660.7 million yuan, up 0.9% from 654.5 million yuan in the previous year, according to a Saturday disclosure on the Shanghai Stock Exchange.

Earnings per share remained unchanged at 0.29 yuan from the same period last year.

The Chinese energy provider earned an operating income worth 11.8 billion yuan, up 10.9% from 10.6 billion yuan a year earlier, the company's earnings report said.

Shares of the company fell more than 4% in recent trade.

Price (RMB): ¥8.72, Change: ¥-0.41, Percent Change: -4.49%

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