Investing.com - China Jushi reported on Saturday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
China Jushi announced earnings per share of ¥0.33 on revenue of ¥4.19. Analysts polled by Investing.com anticipated EPS of ¥0.38 on revenue of ¥20,281M.
China Jushi shares are down 30% from the beginning of the year, still down 35.25% from its 52 week high of ¥19.49 set on October 28, 2021.
China Jushi shares lost 1.48% in intra-day trade following the report.
China Jushi follows other major Materials sector earnings this month
China Jushi's report follows an earnings missed by China Northern Rare Earth Hi-Tech on Friday, who reported EPS of ¥0.42 on revenue of ¥7.87B, compared to forecasts EPS of ¥0.5585 on revenue of ¥11.76B.
Shanghai Putailai New Energy had beat expectations on October 15 with third quarter EPS of ¥0.63 on revenue of ¥4.52B, compared to forecast for EPS of ¥0.5567 on revenue of ¥4.39B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar