Investing.com - Sino Wealth Electronic Ltd reported on Saturday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Sino Wealth Electronic Ltd announced earnings per share of ¥0.16 on revenue of ¥354.00. Analysts polled by Investing.com EPS of ¥0.27 on revenue of ¥569.07M.
Sino Wealth Electronic Ltd 's are down 54% and is trading at ¥35.40 , still down 52.67% from its 52 week high of ¥74.80 set on Thursday, November 25, 2021.
Sino Wealth Electronic Ltd shares lost 2.02% to trade at ¥35.40 in intra-day trade the report.
Sino Wealth Electronic Ltd follows other major Information Technology sector earnings this month
Sino Wealth Electronic Ltd's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on Thursday, who reported EPS of ¥0.64 on revenue of ¥18.15B, EPS of ¥0.5882 on revenue of ¥21.14B.
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