Hangzhou Changchuan Technology Q1 Profit jumps 218%; Shares Rise 3%
Hangzhou Changchuan Technology (SHE:300604) posted first-quarter attributable net profit of 352.5 million yuan, up 218% from 111.0 million yuan the previous year.Earnings per share rose to 0.5472 yuan from 0.1756 yuan, according to a weekend filing with the Shenzhen bourse.Operating revenue rose 69% year over year to 1.38 billion yuan from 815.3 million yuan.Shares of the semiconductor test equipment company rose 3% in recent trade.