Talkweb Information System Q1 Profit Down 6%, Revenue Slips 5%
Talkweb Information System (SHE:002261) posted first-quarter attributable net profit of 61.5 million yuan, down 6.0% from 65.3 million yuan the previous year.Earnings per share slid to 0.0488 yuan from 0.0524 yuan, according to a Tuesday filing with the Shenzhen bourse.Revenue went down 4.7% year over year to 593.6 million yuan from 623.0 million yuan.Shares of the telecommunications software developer were down 9% Tuesday.