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Suzhou Dongshan Precision Manufacturing's Attributable Profit Soars Nearly Fourfold; Shares Slide 5%

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Suzhou Dongshan Precision Manufacturing (SHE:002384) attributable profit surged 290%, or 3.9 times, to 2.96 billion yuan in the first half from 758 million yuan in the year-ago period, according to a Saturday/Monday filing with the Shenzhen Stock Exchange.

Earnings per share at the electronic equipment components maker soared to 1.62 yuan from 0.45 yuan in the prior-year period.

Operating revenue grew 64% year over year to 27.8 billion yuan from about 17 billion yuan.

Shares at the electronic equipment components maker fell 5% during morning trading on Monday.

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