China's Ruifeng Power Group half-year revenue falls
China's Ruifeng Power Group half-year revenue falls
Overview
China auto parts maker's half-year revenue fell 5.4% yr/yr
Net profit for the period dropped 9.5% yr/yr
Company did not declare an interim dividend for the period
Outlook
Company did not provide specific guidance or outlook for future periods
Result Drivers
REVENUE DECLINE - Co's revenue fell 5.4% yr/yr in the half-year period
PROFIT DROP - Net profit attributable to shareholders declined 9.5% yr/yr
GROSS MARGIN SLIP - Gross profit margin decreased to 11.6% from 11.3%
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| RMB 520.54 mln |
|
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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