Investing.com - Suwen Electric Energy Technology Co reported on Thursday third quarter earnings that matched analysts' forecasts and revenue that topped expectations.
Suwen Electric Energy Technology Co announced earnings per share of ¥0.69 on revenue of ¥609.00. Analysts polled by Investing.com anticipated EPS of ¥0.69 on revenue of ¥605.94M.
Suwen Electric Energy Technology Co shares are down 33% from the beginning of the year, still down 40.14% from its 52 week high of ¥88.00 set on November 15, 2021.
Suwen Electric Energy Technology Co follows other major Industrials sector earnings this month
Suwen Electric Energy Technology Co'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.
Sungrow Power Supply had beat expectations on Thursday with third quarter EPS of ¥0.77 on revenue of ¥9.94B, compared to forecast for EPS of ¥0.5242 on revenue of ¥9.54B.
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