Forex, unrealized investment losses weigh on Sanhua’s profit
Refrigeration component maker Zhejiang Sanhua Intelligent Controls Co. Ltd. (2050.HK; 002050.SZ) reported on Wednesday that its revenue rose 5.18% year-on-year to 25.27 billion yuan ($3.791 billion) in the first nine…
Electronic materials growth lifts Red Avenue’s nine-month profit 5.7%
New materials manufacturer Red Avenue New Materials Group Co. Ltd. (9607.HK; 603650.SH) reported on Tuesday that its revenue rose 29.37% year-on-year to 3.26 billion yuan ($489 million) in the first…
Dongshan Precision flat in Hong Kong trading debut
Shares of printed circuit board, precision component and optical module maker Suzhou Dongshan Precision Manufacturing Co. Ltd. (2384.HK; 002384.SZ) opened 5% below their IPO price in their trading debut on…
New product sales drive Nexchip’s revenue up nearly 20% in third quarter
Wafer foundry Nexchip Semiconductor Corp. (2249.HK; 688249.SH) reported on Monday that its revenue rose 19.57% year-on-year to 3.25 billion yuan ($533 million) in the third quarter, while its profit increased…
Meitu logs best paid subscriber growth in four years
Meitu Inc. (1357.HK), a provider of services to the beauty industry, on Friday said it logged its best quarterly increase in paid subscribers in the last four years during the…
Lens Technology’s third-quarter profit halves on rising forex losses
Smartphone cover glass supplier Lens Technology Co. Ltd. (6613.HK; 300433.SZ) said on Sunday that its third-quarter revenue fell 8.05% year-on-year to 19.04 billion yuan ($2.85 billion), while its net profit…
Senior Material’s quarterly profit surges, but investors unimpressed
Lithium ion battery separator manufacturer Shenzhen Senior Technology Material Co. Ltd. (6067.HK; 300568.SZ) on Thursday reported its revenue surged 73.6% year-over-year to 1.84 billion yuan ($276 million) in the third quarter,…
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