Investing.com - Riyue Heavy Industry reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Riyue Heavy Industry announced earnings per share of ¥0.07 on revenue of ¥1.29. Analysts polled by Investing.com EPS of ¥0.09 on revenue of ¥1.36B.
Riyue Heavy Industry 's are down 16.97% and is trading at ¥22.93 , still down 46.67% from its 52 week high of ¥43.00 set on Monday, November 8, 2021.
Riyue Heavy Industry shares gained 3.62% to trade at ¥22.93 in intra-day trade the report.
Riyue Heavy Industry follows other major Industrials sector earnings this month
Riyue Heavy Industry'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.
Sungrow Power Supply had beat expectations on Thursday with third quarter EPS of ¥0.77 on revenue of ¥9.94B, for EPS of ¥0.5242 on revenue of ¥9.54B.
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