Investing.com - GCH Technology Co reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
GCH Technology Co announced earnings per share of ¥0.34 on revenue of ¥162.40. Analysts polled by Investing.com anticipated EPS of ¥0.42 on revenue of ¥183.65M.
GCH Technology Co shares are down 26% from the beginning of the year and are trading at ¥45.25 , down-from-52-week-high.
GCH Technology Co follows other major Materials sector earnings this month
GCH Technology Co's report follows an earnings missed by Wanhua Chemical on Tuesday, who reported EPS of ¥1.03 on revenue of ¥41.30B, compared to forecasts EPS of ¥1.65 on revenue of ¥43.38B.
Rongsheng A had missed expectations on Wednesday with third quarter EPS of ¥0.01 on revenue of ¥77.49B, compared to forecast for EPS of ¥0.3396 on revenue of ¥75.49B.
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