Nexteer Automotive Group (HKG:1316) reported $63.5 million in attributable profit for the half ended June 30, increasing from $15.7 million in the year-ago period, according to a Hong Kong bourse filing Wednesday.
Earnings per share were $0.0025, compared with $0.0006 in the prior year.
Revenue for the period rose 7% year over year to $2.24 billion.
Shares of the automotive parts maker fell nearly 6% in late-morning trade Thursday.
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.