AVIC Jonhon Optronic Technology (SHE:002179) posted first-quarter attributable net profit of 398.3 million yuan, down 38% from 639.9 million yuan the previous year.
Earnings per share declined to 0.1887 yuan from 0.3016 yuan, according to a filing on the Shenzhen bourse.
Operating revenue inched up 0.7% year over year to 4.87 billion yuan from 4.84 billion yuan.
Shares of the electronic connector manufacturer rose 4% in recent trade.
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