Investing.com - GCH Technology Co reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
GCH Technology Co announced earnings per share of ¥0.34 on revenue of ¥162.40. Analysts polled by Investing.com anticipated EPS of ¥0.42 on revenue of ¥183.65M.
GCH Technology Co shares are down 26% from the beginning of the year , still down 27.82% from its 52 week high of ¥62.69 set on Monday, November 29, 2021.
GCH Technology Co follows other major Materials sector earnings this month
GCH Technology Co's report follows an earnings missed by Wanhua Chemical on Tuesday, who reported EPS of ¥1.03 on revenue of ¥41.30B, compared to forecasts EPS of ¥1.65 on revenue of ¥43.38B.
Rongsheng A had missed expectations on Wednesday with third quarter EPS of ¥0.01 on revenue of ¥77.49B, compared to forecast for EPS of ¥0.3396 on revenue of ¥75.49B.
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