Investing.com - Ningbo Ginlong Tech reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Ningbo Ginlong Tech announced earnings per share of ¥0.82 on revenue of ¥1.73. Analysts polled by Investing.com anticipated EPS of ¥0.70 on revenue of ¥6,554M.
Ningbo Ginlong Tech shares are down 33% from the beginning of the year and are trading at ¥193.30 , down-from-52-week-high.
Ningbo Ginlong Tech follows other major Industrials sector earnings this month
Ningbo Ginlong Tech'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.
Sungrow Power Supply had beat expectations on Thursday with third quarter EPS of ¥0.77 on revenue of ¥9.94B, compared to forecast for EPS of ¥0.5242 on revenue of ¥9.54B.
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