Wolong Electric's Attributable Profit Jumps 15% in Q3

MT Newswires Live10-29

Wolong Electric's (SHA:600580) attributable profit rose 15% year over year to 281.4 billion yuan in the third quarter, according to a Wednesday filing with the Shanghai bourse.

The electrical equipment manufacturer logged earnings per share of 0.18 yuan, up 15% from the year-ago period.

Operating income declined 6.6% year on year to 3.93 billion yuan.

Shares fell 2% during late morning trading on Wednesday.

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