TFC Communication's H1 Attributable Profit Jumps 34%; Shares Slide 4%

MT Newswires Live
Aug 19

Suzhou TFC Optical Communication's (SHE:300394) attributable profit rose 34% to 1.20 billion yuan in the first half from 899.2 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen Stock Exchange.

Earnings per share at the optoelectronic packaging manufacturing service company increased to 1.1038 yuan from 1.1568 yuan in the prior-year period.

Operating revenue grew 15% year over year to 2.83 billion yuan from 2.46 billion yuan.

The company declared a dividend of 5 yuan per 10 shares, or 0.50 yuan per share.

Shares fell 4% during the midday break on Wednesday.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10