Investing.com - Kunshan Dongwei Technology reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Kunshan Dongwei Technology announced earnings per share of ¥0.36 on revenue of ¥270.60. Analysts polled by Investing.com anticipated EPS of ¥0.50 on revenue of ¥332.64M.
Kunshan Dongwei Technology shares are up 50% from the beginning of the year and are trading at ¥167.13 , down-from-52-week-high.
Kunshan Dongwei Technology follows other major Industrials sector earnings this month
Kunshan Dongwei Technology's report follows an earnings beat by Amperex Tech A on Saturday, who reported EPS of ¥3.86 on revenue of ¥97.37B, compared to forecasts EPS of ¥3.52 on revenue of ¥72.2B.
Jiangsu Hengli Hydraulic had beat expectations on Tuesday with third quarter EPS of ¥0.53 on revenue of ¥2.03B, compared to forecast for EPS of ¥0.46 on revenue of ¥2.32B.
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