Investing.com - Chaozhou Three-circle reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Chaozhou Three-circle announced earnings per share of ¥0.16 on revenue of ¥1.06. Analysts polled by Investing.com anticipated EPS of ¥0.30 on revenue of ¥1.85B.
Chaozhou Three-circle shares are down 16.97% from the beginning of the year, still down 40.20% from its 52 week high of ¥47.39 set on December 10, 2021.
Chaozhou Three-circle shares gained 0.57% in intra-day trade following the report.
Chaozhou Three-circle follows other major Information Technology sector earnings this month
Chaozhou Three-circle's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on October 20, who reported EPS of ¥0.64 on revenue of ¥18.15B, compared to forecasts EPS of ¥0.5882 on revenue of ¥21.14B.
Beijing Kingsoft Office had beat expectations on Thursday with third quarter EPS of ¥0.64 on revenue of ¥1.00B, compared to forecast for EPS of ¥0.625 on revenue of ¥987.97M.
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