Investing.com - Shandong Sinocera Func Material reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Shandong Sinocera Func Material announced earnings per share of ¥0.06 on revenue of ¥712.30. Analysts polled by Investing.com EPS of ¥0.23 on revenue of ¥1.05B.
Shandong Sinocera Func Material 's are up 50% and is trading at ¥22.53 , still down 51.60% from its 52 week high of ¥46.55 set on Thursday, December 2, 2021.
Shandong Sinocera Func Material shares lost 4.74% to trade at ¥22.53 in intra-day trade the report.
Shandong Sinocera Func Material follows other major Materials sector earnings this month
Shandong Sinocera Func Material's report follows an earnings missed by Wanhua Chemical on Tuesday, who reported EPS of ¥1.03 on revenue of ¥41.30B, EPS of ¥1.65 on revenue of ¥43.38B.
China Northern Rare Earth Hi-Tech had missed expectations on Friday with third quarter EPS of ¥0.42 on revenue of ¥7.87B, for EPS of ¥0.5585 on revenue of ¥11.76B.
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