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Fiberhome Telecommunication Technologies' Attributable Profit Slides 33% in H1; Shares Rise 6%

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Fiberhome Telecommunication Technologies' (SHA:600498) attributable profit fell 33% to 192.8 million yuan in the first half from 286.6 million yuan in the year-ago period, according to a Thursday filing with the Shanghai Stock Exchange.

Earnings per share at the information and communication network products maker decreased to 0.14 yuan from 0.24 yuan in the prior-year period.

Operating revenue grew 11% year over year to 12.4 billion yuan from 11.1 billion yuan.

Company shares rose 6% during afternoon trading on Thursday.

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