Investing.com - Shanghai Jahwa reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
Shanghai Jahwa announced earnings per share of ¥0.25 on revenue of ¥1.64. Analysts polled by Investing.com EPS of ¥0.22 on revenue of ¥1.91B.
Shanghai Jahwa 's are up 78% and is trading at ¥28.92 , still down 40.17% from its 52 week high of ¥48.34 set on Friday, October 29, 2021.
Shanghai Jahwa shares gained 6.21% to trade at ¥28.92 in intra-day trade the report.
Shanghai Jahwa follows other major Consumer Staples sector earnings this month
Shanghai Jahwa's report follows an earnings missed by Kweichow Moutai on Monday, October 17, 2022, who reported EPS of ¥11.63 on revenue of ¥30.34B, EPS of ¥12.13 on revenue of ¥31.69B.
Tongwei Co Ltd had beat expectations on Wednesday with third quarter EPS of ¥1.86 on revenue of ¥41.74B, for EPS of ¥1.69 on revenue of ¥32.27B.
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