Asia
Hangzhou First Applied Material Q1 Profit Down 22%, Revenue Slides 7%
Hangzhou First Applied Material (SHA:603806) posted first-quarter attributable net profit of 311.8 million yuan, down 22% from 401.1 million yuan the previous year.Earnings per share declined to 0.119 yuan from 0.147 yuan, according to a Tuesday filing with the Shanghai bourse.Revenue slid 7.0% year over year to 3.37 billion yuan from 3.62 billion yuan.Shares of the film products distributor were down 1% in recent trade.
SHA:603806
