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Hoshine Silicon Industry's Attributable Profit Slides 70% in Q1

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-- Hoshine Silicon Industry's (SHA:603260) attributable profit plunged 70% to 77.3 million yuan in the first quarter from 259.7 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.

Earnings per share at the silicon-based materials producer decreased 68% to 0.07 yuan from 0.22 yuan in the prior-year period.

Operating revenue declined 4.3% year over year to 5.01 billion yuan from 5.23 billion yuan.

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