Investing.com - Henan Pinggao Electric reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Henan Pinggao Electric announced earnings per share of ¥0.05 on revenue of ¥2.11. Analysts polled by Investing.com anticipated EPS of ¥0.12 on revenue of ¥2.89B.
Henan Pinggao Electric shares are up 7% from the beginning of the year , still down 29.15% from its 52 week high of ¥10.29 set on Thursday, December 23, 2021.
Henan Pinggao Electric shares gained 0.55% in intra-day trade the report.
Henan Pinggao Electric follows other major Industrials sector earnings this month
Henan Pinggao Electric's report follows an earnings beat by Amperex Tech A on Saturday, who reported EPS of ¥3.86 on revenue of ¥97.37B, compared to forecasts EPS of ¥3.52 on revenue of ¥72.2B.
Jiangsu Hengli Hydraulic had beat expectations on Tuesday with third quarter EPS of ¥0.53 on revenue of ¥2.03B, compared to forecast for EPS of ¥0.46 on revenue of ¥2.32B.
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