Investing.com - China Molybdenum A reported on Monday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
China Molybdenum A announced earnings per share of ¥0.05 on revenue of ¥40.70. Analysts polled by Investing.com anticipated EPS of ¥0.09 on revenue of ¥42.14B.
China Molybdenum A shares are up 50% from the beginning of the year, still down 34.97% from its 52 week high of ¥6.52 set on October 26, 2021.
China Molybdenum A follows other major Materials sector earnings this month
China Molybdenum A'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.
China Northern Rare Earth Hi-Tech had missed expectations on Friday with third quarter EPS of ¥0.42 on revenue of ¥7.87B, compared to forecast for EPS of ¥0.5585 on revenue of ¥11.76B.
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