Asia
Guobo Electronics Q1 Profit Down 99%, Revenue Slips 9%
Guobo Electronics (SHA:688375) posted first-quarter net profit attributable to shareholders of 856,306 yuan, down 99% from 57.5 million yuan the previous year.Earnings per share fell to 0.00 yuan from 0.10 yuan, according to a Thursday filing with the Shanghai bourse.The radio frequency components maker's operating revenue declined 8.9% year over year to 318.9 million yuan from 350.0 million yuan.
SHA:688375
