Investing.com - Tianjin Ringpu Bio Tech reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Tianjin Ringpu Bio Tech announced earnings per share of ¥0.20 on revenue of ¥568.40. Analysts polled by Investing.com anticipated EPS of ¥0.18 on revenue of ¥2,007M.
Tianjin Ringpu Bio Tech shares are up 78% from the beginning of the year, still down 19.48% from its 52 week high of ¥25.82 set on January 10.
Tianjin Ringpu Bio Tech shares gained 4.53% in intra-day trade following the report.
Tianjin Ringpu Bio Tech follows other major Healthcare sector earnings this month
Tianjin Ringpu Bio Tech's report follows an earnings missed by Aier Eye Hospital Group on Wednesday, who reported EPS of ¥0.15 on revenue of ¥4.94B, compared to forecasts EPS of ¥0.1722 on revenue of ¥5.7B.
Imeik had missed expectations on Wednesday with third quarter EPS of ¥1.85 on revenue of ¥604.5M, compared to forecast for EPS of ¥1.95 on revenue of ¥692.11M.
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