Investing.com - Xinxiang Richful Lube reported on Wednesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Xinxiang Richful Lube announced earnings per share of ¥1.45 on revenue of ¥1.02. Analysts polled by Investing.com EPS of ¥0.58 on revenue of ¥341.5M.
Xinxiang Richful Lube 's are up 82.22% and is trading at ¥145.50 , still down 5.31% from its 52 week high of ¥153.66 set on Wednesday, October 19, 2022.
Xinxiang Richful Lube shares gained 10.63% to trade at ¥145.50 in intra-day trade the report.
Xinxiang Richful Lube follows other major Materials sector earnings this month
Xinxiang Richful Lube's report follows an earnings beat by Shanghai Putailai New Energy on Saturday, who reported EPS of ¥0.63 on revenue of ¥4.52B, EPS of ¥0.5567 on revenue of ¥4.39B.
China Garments A had missed expectations on Tuesday with third quarter EPS of ¥0.22 on revenue of ¥2.66B, for EPS of ¥0.93 on revenue of ¥11,802M.
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