Asia
Zhaowei Machinery & Electronics' Q1 2026 Profit Falls 25%; Hong Kong Shares Fall 6.5%
Shenzhen Zhaowei Machinery & Electronics (HKG:2692; SHE:003021) booked 41 million yuan in attributable profit for the first quarter of 2026, down 25% from 54.7 million yuan in the year-ago period, according to a Hong Kong bourse filing Tuesday.Earnings per share fell to 0.17 yuan from 0.23 yuan in the prior year.Revenue fell 2.7% year on year to 357.5 million yuan, figures showed.The Chinese micro-drive systems maker's Hong Kong shares fell 6.5%, while Shenzhen shares declined more than 5% during Tuesday's morning trade.
HKG:2692SHE:003021
