Wanhua profits down in Q3

摘要

Yantai, Shandong - Wanhua's net profit in Q3 2018 slipped by 30% year-on-year to CNY 2.07bn ($299m); revenue during the quarter grew by 9% to CNY 159m. The company's shares on the Shanghai Stock Exchange slumped by 10%, the maximum daily price fall allowed by Chinese exchanges, following the release of its quarterly report on 18 October.