Guangdong HEC Technology's Profit Slides 36% in H1; Shares Slide 4%

MT Newswires Live
Aug 18

Guangdong HEC Technology (SHA:600673) attributable profit fell 36% to 389.3 million yuan in the first half from 612.6 million yuan in the year-ago period, according to a Tuesday filing with the Shanghai Stock Exchange.

Earnings per share at the electronic components maker decreased to 0.129 yuan from 0.209 yuan in the prior-year period.

Operating revenue grew 32% year over year to 9.38 billion yuan from 7.12 billion yuan.

HEC Technology's shares fell 4% during morning trading on Tuesday.

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