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FINWIRES

Sanhua Intelligent Controls Posts Lower H1 Attributable Profit; Revenue Up

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Zhejiang Sanhua Intelligent Controls (HKG:2050, SHE:002050) reported 2.04 billion yuan in profit attributable to owners for the first half, compared with 2.11 billion yuan a year ago, a Wednesday bourse filing showed.

EPS moved to 0.49 yuan from 0.57 yuan year over year.

For the six months ended June 30, revenue was 16.9 billion yuan, versus 16.3 billion yuan previously, the maker of refrigeration and air-conditioning components said.

The company proposed an interim dividend of 1.20 yuan per 10 ordinary shares for the period.

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