Bairong Posts Lower H1 Profit; Revenue Rises 6%

MT Newswires Live09-20

Bairong (HKG:6608) reported a profit attributable to equity holders of 140 million yuan for the six months ended June 30, compared with 205.3 million yuan in the prior year, according to a Thursday filing with the Hong Kong bourse.

Basic earnings per share were 0.29 yuan, compared with 0.41 yuan a year ago.

Total revenue for the period was 1.32 billion yuan, up 6% from 1.24 billion yuan in the previous year.

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