Broadex Technologies' H1 Profit Surges as Revenue Jumps 60%

MT Newswires Live08-29

Broadex Technologies (SHE:300548) posted first-half attributable net profit of 168.2 million yuan, up 1,121% from 13.8 million yuan the previous year.

Earnings per share jumped to 0.58 yuan from 0.05 yuan, according to a Friday filing with the Shenzhen bourse.

Operating revenue rose 60% year over year to 1.20 billion yuan from 752.1 million yuan.

Shares of the optoelectronic device producer closed 12% lower Friday.

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