Investing.com - Shandong Nanshan reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Shandong Nanshan announced earnings per share of ¥0.090 on revenue of ¥8.620. Analysts polled by Investing.com anticipated EPS of ¥0.070 on revenue of ¥28,725M.
Shandong Nanshan shares are down 11.7% from the beginning of the year and are trading at ¥3.180 , down-from-52-week-high.
Shandong Nanshan shares gained 0.63% in intra-day trade after the report.
Shandong Nanshan follows other major Materials sector earnings this month
Shandong Nanshan's report follows an earnings missed by Wanhua Chemical on Tuesday, who reported EPS of ¥1.03 on revenue of ¥41.30B, compared to forecasts EPS of ¥1.65 on revenue of ¥43.38B.
Rongsheng A had missed expectations on Wednesday with third quarter EPS of ¥0.01 on revenue of ¥77.49B, compared to forecast for EPS of ¥0.3396 on revenue of ¥75.49B.
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