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Kuang-Chi Technologies' Attributable Profit Slides 17% in H1

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Kuang-Chi Technologies' (SHE:002625) attributable profit fell 17% to 318.8 million yuan in the first half from 385.8 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen Stock Exchange.

Earnings per share at the metamaterial equipment products maker decreased to 0.15 yuan from 0.18 yuan in the prior-year period.

Operating revenue grew nearly 20% year over year to 1.13 billion yuan from 943.2 million yuan.

Company shares slipped 1% during afternoon trading on Wednesday.

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