HK-listed Zhuzhou CRRC Times Electric at month low on profit fall

Zhuzhou CRRC Times Electric

20/08/2018 09:00

** Shares in Zhuzhou CRRC Times Electric Co Ltd  3898.HK 
slide 7.1 pct to HK$41.65, to the lowest since July 23, after
China's train electrical systems maker posts a fall in
first-half profit 
    ** Stock is set for its worst day in a year 
    ** The firm says on Friday its H1 revenue declines 3 pct to
6.32 billion yuan ($919.41 million) and net profit attributable
to shareholders of the parent falls 7 pct to 1.04 billion yuan
 urn:newsml:reuters.com:*:nFWN1V808X
    ** As of the previous close, the stock had fallen 11.8
percent so far this year
    ** As of 0702 GMT, about 7.95 million shares of the
Hunan-based company have been traded, about 206.8 percent of
their 30-day moving average of 3.85 million shares a day
    ** Hong Kong's benchmark HSI index  .HSI  is up 1.28 pct
      ($1 = 6.8740 Chinese yuan)   

 ((Reuters Messaging: Cheng.Li.thomsonreuters.com@reuters.net))