Investing.com - Hichain reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Hichain announced earnings per share of ¥0.45 on revenue of ¥454.80. Analysts polled by Investing.com anticipated EPS of ¥1.58 on revenue of ¥1,835M.
Hichain shares are up 50% from the beginning of the year, still down 24.61% from its 52 week high of ¥36.57 set on September 6.
Hichain shares lost 9.55% in intra-day trade following the report.
Hichain follows other major Industrials sector earnings this month
Hichain'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.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar