Investing.com - Xiamen Xiangyu reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Xiamen Xiangyu announced earnings per share of ¥0.34 on revenue of ¥137.60. Analysts polled by Investing.com EPS of ¥1.19 on revenue of ¥550,452M.
Xiamen Xiangyu 's are down 11.7% and is trading at ¥9.87 , still down 4.91% from its 52 week high of ¥10.38 set on Friday, October 21, 2022.
Xiamen Xiangyu shares lost 0.60% to trade at ¥9.87 in intra-day trade the report.
Xiamen Xiangyu follows other major Industrials sector earnings this month
Xiamen Xiangyu'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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