China National Software & Service (SHA:600536) fell to third-quarter net loss attributable to shareholders of 64.9 million yuan, or 0.08 yuan per share, according to a Tuesday filing with the Shanghai bourse.
The software developer posted a net profit of 93.2 million yuan, or 0.18 yuan per share, in Q3 2023.
Q3 revenue declined 42% year over year to 936.6 million yuan.
Shares of China National Software & Service rose 6% in recent trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments