Inspur Electronic Information Industry's Q3 Profit Jumps 51%; Shares Rise 4%

MT Newswires Live2024-10-31

Inspur Electronic Information Industry (SHE:000977) attributable profit rose 51% to 697.3 million yuan in the third quarter from 461.5 million yuan in the year-ago period, according to a Thursday filing with the Shenzhen Stock Exchange.

Earnings per share at the information technology infrastructure products company increased 69% to 0.4737 yuan from 0.2802 yuan a year earlier.

Operating income grew 76% to 41.1 billion yuan from 23.3 billion yuan in the prior-year period.

Shares rose 4% during Thursday's trading.

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