Hangzhou Jiuyuan Gene Engineering's H1 Profit Shrinks; Shares Fall 4%
MT Newswires Live
Aug 19
Hangzhou Jiuyuan Gene Engineering (HKG:2566) reported 90.2 million yuan in attributable profit for the half ended June 30, falling from 105.3 million yuan a year earlier, according to a Hong Kong bourse filing Monday.
Earnings per share were 0.37 yuan, compared with 0.53 yuan in the prior year.
Revenue fell 9% year-on-year to 638.8 million yuan, figures showed.
Shares of the company declined over 4% in late-morning trade Tuesday.
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