Zhejiang Jingsheng Mechanical & Electrical's Attributable Profit Slides 82% in Q1
Zhejiang Jingsheng Mechanical & Electrical's (SHE:300316) attributable profit fell 82% to 102.5 million yuan in the first quarter from 573 million yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.Earnings per share at the semiconductor supplies company decreased 82% to 0.08 yuan from 0.44 yuan in the prior-year period.Operating revenue declined 45% year over year to 1.73 billion yuan from 3.14 billion yuan.