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 EPS of ¥1.58 on revenue of ¥1,835M.
Hichain 's are up 50% and is trading at ¥27.57 , still down 24.61% from its 52 week high of ¥36.57 set on Tuesday, September 6, 2022.
Hichain shares lost 9.55% to trade at ¥27.57 in intra-day trade 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, 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, for EPS of ¥0.46 on revenue of ¥2.32B.
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