Netsun revenues and profit fall in first half

Hangzhou, 24th August: Last week, Shenzhen-listed Zhejiang Netsun reported revenues of US$25 million for the six months ended 30th June 2019. This represents a year-on-year decrease of 16% compared to the same period last year.

Profit in the period also dropped 35% down to US$2.7 million. Diluted earnings per share in the first half of 2019 were RMB 0.07 (US$0.010).