Smart-meter maker Wasion hits 8-1/2-month low on slimmer profit margin
27/08/2026 07:04
BUZZ-Smart-meter maker Wasion hits 8-1/2-month low on slimmer profit margin ** Shares of smart-meter maker Wasion Holdings 3393.HK drop 16% to HK$14.52, their lowest level since December 10, 2025
** Stock last down 11.8%, on course for the biggest one-day pct fall since April 7, 2025
** China metering equipment maker, with current market capitalisation of $2.08 billion, said its H1 revenue rose 23% y/y, net profit attributable up 1% y/y while overall gross profit margin decreased to 31.28% from 35.13% a year ago
** YTD, stock down 10.1%, benchmark Hang Seng Index .HSI down 0.2%
($1 = 7.8396 Hong Kong dollars)
(Reporting by Donny Kwok)
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