Investing.com - Willfar Information Technology Co reported on Tuesday third quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
Willfar Information Technology Co announced earnings per share of ¥0.19 on revenue of ¥537.60. Analysts polled by Investing.com anticipated EPS of ¥0.27 on revenue of ¥1,826M.
Willfar Information Technology Co shares are up 50% from the beginning of the year and are trading at ¥22.90 , down-from-52-week-high.
Willfar Information Technology Co shares gained 8.43% in intra-day trade the report.
Willfar Information Technology Co follows other major Information Technology sector earnings this month
Willfar Information Technology Co's report follows an earnings beat by TCL Zhonghuan Renewable Energy Tech on Thursday, who reported EPS of ¥0.64 on revenue of ¥18.15B, compared to forecasts EPS of ¥0.5882 on revenue of ¥21.14B.
Zhejiang Jingsheng Mech Electric had beat expectations on Tuesday with third quarter EPS of ¥0.62 on revenue of ¥3.09B, compared to forecast for EPS of ¥0.5751 on revenue of ¥2.83B.
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