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FINWIRES

Huatian Technology Turns to Profit in Q1

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Tianshui Huatian Technology (SHE:002185) turned to an attributable profit of 86.8 million yuan in the first quarter from an attributable loss of 18.5 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.

The semiconductor testing and packaging company logged earnings per share of 0.0260 yuan, reversing from a loss per share of 0.0058 yuan in the prior-year period.

Operating revenue grew 34% year over year to 4.80 billion yuan from 3.57 billion yuan.

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