Investing.com - Beijing Easpring Material Tech reported on Monday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Beijing Easpring Material Tech announced earnings per share of ¥1.12 on revenue of ¥4.97. Analysts polled by Investing.com anticipated EPS of ¥0.84 on revenue of ¥3.68B.
Beijing Easpring Material Tech shares are up 50% from the beginning of the year, still down 44.38% from its 52 week high of ¥117.43 set on July 19.
Beijing Easpring Material Tech follows other major Industrials sector earnings this month
Beijing Easpring Material Tech'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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