Autel Intelligent Technology's Q3 Profit Doubles; Shares Slide 4%

MT Newswires Live2024-10-22

Autel Intelligent Technology's (SHA:688208) attributable profit rose by about 100% year over year to 154.7 million yuan in the third quarter, according to a Tuesday filing with the Shanghai Stock Exchange.

EPS at the automotive intelligent diagnostics, detection, and analysis systems developer increased 113% year over year to 0.34 yuan.

Operating income grew 30% year over year to 962.4 million yuan.

Shares slid 4% during Tuesday's trading.

Price (RMB): ¥32.08, Change: ¥-1.1, Percent Change: -3.37%

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