Investing.com - Shenzhen Transsion reported on Wednesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Shenzhen Transsion announced earnings per share of ¥0.75 on revenue of ¥12.92. Analysts polled by Investing.com EPS of ¥1.26 on revenue of ¥13.68B.
Shenzhen Transsion 's are down 26% and is trading at ¥63.36 , still down 65.57% from its 52 week high of ¥184.00 set on Wednesday, November 17, 2021.
Shenzhen Transsion follows other major Information Technology sector earnings this month
Shenzhen Transsion's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on Thursday, October 20, 2022, who reported EPS of ¥0.64 on revenue of ¥18.15B, EPS of ¥0.5882 on revenue of ¥21.14B.
Zhejiang Jingsheng Mech Electric had beat expectations on Tuesday with third quarter EPS of ¥0.62 on revenue of ¥3.09B, for EPS of ¥0.5751 on revenue of ¥2.83B.
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