Investing.com - Zhejiang Jinggong Science Tech reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Zhejiang Jinggong Science Tech announced earnings per share of ¥0.13 on revenue of ¥508.30. Analysts polled by Investing.com anticipated EPS of ¥0.29 on revenue of ¥893.02M.
Zhejiang Jinggong Science Tech shares are down 16.97% from the beginning of the year, still down 22.50% from its 52 week high of ¥36.35 set on July 20.
Zhejiang Jinggong Science Tech shares lost 0.35% in intra-day trade following the report.
Zhejiang Jinggong Science Tech follows other major Industrials sector earnings this month
Zhejiang Jinggong Science 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.
Sungrow Power Supply had beat expectations on Thursday with third quarter EPS of ¥0.77 on revenue of ¥9.94B, compared to forecast for EPS of ¥0.5242 on revenue of ¥9.54B.
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