Quectel Wireless Solutions Co., Ltd. (603236.SS) revealed a profit for first quarter that Dropped, from the same period last year
The company's bottom line came in at RMB133.267 million, or RMB0.49 per share. This compares with RMB211.720 million, or RMB0.81 per share, last year.
The company's revenue for the period rose 29.3% to RMB6.749 billion from RMB5.221 billion last year.
Quectel Wireless Solutions Co., Ltd. earnings at a glance (GAAP) :
-Earnings: RMB133.267 Mln. vs. RMB211.720 Mln. last year.-EPS: RMB0.49 vs. RMB0.81 last year.-Revenue: RMB6.749 Bln vs. RMB5.221 Bln last year.
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April 24, 2026 15:15 ET Economics news flow was relatively light this week even as the conflict in the Middle East continued, raising concerns for policymakers. In the U.S., spending data, initial jobless claims and pending home sales were the highlights. Business confidence in the biggest euro area economy was in focus in Europe. Inflation data from Japan gained attention in Asia.