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QuantumCTek's Q1 Loss Narrows; Shares Down 5%

-- QuantumCTek's (SHA:688027) net loss attributable to shareholders for the first quarter narrowed year on year to 19 million yuan, or 0.18 yuan per share, according to a Shanghai bourse filing on Tuesday.

The attributable loss a year earlier was 20.3 million yuan, or 0.20 yuan per share.

Operating revenue jumped 18% to 23 million yuan from 19.5 million yuan in the preceding year.

The Chinese quantum communication equipment manufacturer's shares slumped 5% during the morning trade.

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