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Xingyun Technology's H1 Profit Surges 540%, Revenue Soars 497%

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Xingyun Technology's (SHE:300209) net profit attributable to shareholders for the first half skyrocketed 540% to 12 million yuan from 1.9 million yuan a year earlier, according to a Friday disclosure on the Shenzhen bourse.

Earnings per share surged 545% year on year to 0.0129 yuan from 0.002 yuan.

Operating revenue soared 497% to 254.2 million yuan from 42.6 million yuan in the previous year.

The tech company's shares rose 7% at the close.

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