North Navigation Control Technology Q3 Profit Falls 99%, Revenue Down 26%

MT Newswires Live

2024/10/25

North Navigation Control Technology (SHA:600435) posted third-quarter net profit attributable to shareholders of 465,897 yuan, or 0.0003 yuan per share, down 99% from the previous year.

The military-civilian dual-use products manufacturer's Q3 revenue fell 26% year over year to 503.2 million yuan, according to a Friday filing with the Shanghai bourse.

Shares of North Navigation Control Technology closed more than 2% higher Friday.

Price (RMB): ¥11.48, Change: ¥+0.27, Percent Change: +2.41%

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