Investing.com - Shenzhen Yinghe Tech reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that topped expectations.
Shenzhen Yinghe Tech announced earnings per share of ¥0.13 on revenue of ¥1.99. Analysts polled by Investing.com anticipated EPS of ¥0.23 on revenue of ¥1.1B.
Shenzhen Yinghe Tech shares are up 78% from the beginning of the year, still down 49.52% from its 52 week high of ¥40.87 set on November 15, 2021.
Shenzhen Yinghe Tech shares lost 2.73% in intra-day trade following the report.
Shenzhen Yinghe Tech follows other major Industrials sector earnings this month
Shenzhen Yinghe 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.
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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