Haitian International's H1 Profit Jumps 13%, Revenue Rises 13%

MT Newswires Live
Aug 19

Haitian International (HKG:1882) reported 1.711 billion yuan in attributable profit for the half ended June 30, 13% higher than the 1.52 billion yuan posted in the year-ago period, according to a Hong Kong bourse filing Monday.

Basic earnings per share was 1.07 yuan, compared with 0.95 yuan in the prior year. Analysts at Visible Alpha forecasted 1.06 yuan.

Revenue rose 13% year-on-year to 9.02 billion yuan, figures showed.

Analysts at Visible Alpha estimated 8.90 billion yuan.

Shares of the plastic injection molding machinery maker were down 3% in morning trade Tuesday.

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