Financial Wire

Yangjie Electronic Tech's Q1 Profit Jumps 41%, Revenue Climbs 35%; Shares Up 5%

-- Yangzhou Yangjie Electronic Technology's (SHE:300373) net profit attributable to shareholders in the first quarter jumped 41% to 384.9 million yuan from almost 273 million yuan a year earlier, according to a Shenzhen bourse filing on Saturday.

The power semiconductor wafers manufacturer's shares jumped less than 5% during Monday's morning trade.

Earnings per share climbed 42% year on year to 0.71 yuan from 0.50 yuan.

Operating revenue increased 35% to 2.13 billion yuan from 1.58 billion yuan in the previous year.

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