Investing.com - Zhejiang Jingsheng Mech Electric reported on Tuesday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Zhejiang Jingsheng Mech Electric announced earnings per share of ¥0.62 on revenue of ¥3.09. Analysts polled by Investing.com anticipated EPS of ¥0.58 on revenue of ¥2.83B.
Zhejiang Jingsheng Mech Electric shares are up 50% from the beginning of the year and are trading at ¥70.32 , down-from-52-week-high.
Zhejiang Jingsheng Mech Electric shares gained 2.31% in intra-day trade the report.
Zhejiang Jingsheng Mech Electric follows other major Information Technology sector earnings this month
Zhejiang Jingsheng Mech Electric's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on Thursday, who reported EPS of ¥0.64 on revenue of ¥18.15B, compared to forecasts EPS of ¥0.5882 on revenue of ¥21.14B.
Thunder Software Tech had beat expectations on Tuesday with third quarter EPS of ¥0.56 on revenue of ¥1.38B, compared to forecast for EPS of ¥0.5118 on revenue of ¥1.46B.
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