Investing.com - Shanghai Putailai New Energy reported on Saturday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
Shanghai Putailai New Energy announced earnings per share of ¥0.63 on revenue of ¥4.52. Analysts polled by Investing.com anticipated EPS of ¥0.59 on revenue of ¥4.47B.
Shanghai Putailai New Energy shares are down 22.34% from the beginning of the year, still down 37.83% from its 52 week high of ¥100.18 set on November 29, 2021.
Shanghai Putailai New Energy shares gained 4.27% in intra-day trade following the report.
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