Lao Feng Xiang's Attributable Profit Slides 42% in Q3

MT Newswires Live10-30

Lao Feng Xiang (SHA:600612) attributable profit fell 42% year over year to 217.3 million yuan in the third quarter, according to a Thursday filing with the Shanghai bourse.

The jewelry company logged earnings per share of 0.4153 yuan, down 42% from the year-ago period.

Operating income grew 16% year on year to 14.6 billion yuan.

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