Mobvista Reported Higher Profit in Q3

MT Newswires Live11-18

Mobvista (HKG:1860) reported a profit attributable to the equity shareholders of $9.9 million for the quarter ended Sept. 30 compared with a profit of $3.8 million in the previous year, according to a Friday filing with the Hong Kong Stock Exchange.

Earnings per share for the company were $0.0064, compared with $0.0028 in the prior-year period.

The mobile technology company's revenue was $416.5 million, compared with $269.4 million in the previous year.

The company's shares were up almost 16% at the close of trade.

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