Shenzhen Longsys Electronics H1 Profit Falls 98%, Revenue Rises 13%

MT Newswires Live08-25

Shenzhen Longsys Electronics (SHE:301308) posted first-half attributable net profit of 14.8 million yuan, down 98% from 593.8 million yuan the previous year.

Earnings per share declined year over year to 0.04 yuan from 1.42 yuan, according to a filing with the Shenzhen bourse.

The digital storage product manufacturer's operating revenue rose 13% year over year to 10.2 billion yuan from 9.04 billion yuan.

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