Investing.com - Gotion High tech reported on Thursday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Gotion High tech announced earnings per share of ¥0.05 on revenue of ¥5.79. Analysts polled by Investing.com anticipated EPS of ¥1.65 on revenue of ¥6.66B.
Gotion High tech shares are down 16.97% from the beginning of the year and are trading at ¥32.02 , down-from-52-week-high.
Gotion High tech shares lost 2.67% in intra-day trade the report.
Gotion High tech follows other major Industrials sector earnings this month
Gotion High tech's report follows an earnings beat by Amperex Tech A on Saturday, who reported EPS of ¥3.86 on revenue of ¥97.37B, compared to forecasts EPS of ¥3.52 on revenue of ¥72.2B.
Sungrow Power Supply had beat expectations on Thursday with third quarter EPS of ¥0.77 on revenue of ¥9.94B, compared to forecast for EPS of ¥0.5242 on revenue of ¥9.54B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar