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Tongwei Co Ltd Earnings, Revenue Beat in Q3

Published 26/10/2022, 07:21
Updated 26/10/2022, 07:21

Investing.com - Tongwei Co Ltd reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.

Tongwei Co Ltd announced earnings per share of ¥1.86 on revenue of ¥41.74. Analysts polled by Investing.com EPS of ¥1.69 on revenue of ¥32.27B.

Tongwei Co Ltd 's are up 78% and is trading at ¥47.54 , still down 29.94% from its 52 week high of ¥67.86 set on Tuesday, July 5, 2022.

Tongwei Co Ltd shares gained 0.36% to trade at ¥47.54 in intra-day trade the report.

Tongwei Co Ltd follows other major Consumer Staples sector earnings this month

Tongwei Co Ltd'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.

Guangdong Wens Foodstuff had beat expectations on Wednesday with third quarter EPS of ¥0.61 on revenue of ¥24.33B, for EPS of ¥0.2517 on revenue of ¥19.5B.

Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar

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