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Crystal Growth & Energy Equipment's Q1 Loss Widens as Revenue Plunges 96%

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-- Crystal Growth & Energy Equipment (SHA:688478) posted first-quarter net loss attributable to shareholders of 8.8 million yuan, compared with 2.5 million yuan the previous year.

Loss per share ballooned to 0.06 yuan from 0.02 yuan, according to a Thursday filing with the Shanghai bourse.

The semiconductor special equipment supplier's operating revenue fell 96% year over year to 3.0 million yuan from 70.8 million yuan due to a decrease in bulk orders in Q1.

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