Asia
Founder Technology Q1 Profit Surges 195%, Revenue Down 4%
Founder Technology (SHA:600601) posted first-quarter attributable net profit of 231.6 million yuan, up 195% from 78.5 million yuan the previous year.Earnings per share rose to 0.05 yuan from 0.02 yuan, according to a Tuesday filing with the Shanghai bourse.Revenue rose 64% year over year to 1.56 billion yuan from 951.7 million yuan.Shares of the printed circuit board maker were down 4% in recent trade.
SHA:600601
