TBEA's (SHA:600089) attributable profit soared 82% to 2.30 billion yuan in the third quarter from 1.27 billion yuan, after adjustments, in the year-ago period, according to a Friday filing with the Shanghai bourse.
Earnings per share at the electrical components manufacturer increased 82% to 0.4582 yuan from 0.2524 yuan in the prior-year period.
Operating income grew 0.3% year over year to 24.6 billion yuan from 24.5 billion yuan.
Shares fell 5% during late morning trading on Friday.
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