Asia
CICT Mobile Communication Technology Q1 Loss Narrows; Shares Up 4%
CICT Mobile Communication Technology (SHA:688387) posted first-quarter attributable net loss of 128.2 million yuan, compared with 156.3 million yuan the previous year.Loss per share narrowed to 0.04 yuan from 0.05 yuan, according to a weekend filing with the Shanghai bourse.Operating revenue slipped 6.6% year over year to 761.6 million yuan from 815.1 million yuan.Shares of the telecommunications equipment manufacturer rose 4% in recent trade.
SHA:688387
