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FINWIRES

Afari Tech's Q1 Profit Surges 141%, Revenue Jumps 31%

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-- Chongqing Afari Technology's (SHA:601777) net profit attributable to shareholders in the first quarter surged 141% to 48.4 million yuan from 20 million yuan a year earlier, according to a Shanghai bourse filing on Tuesday.

Earnings per share soared 143% year on year to 0.0107 yuan from 0.0044 yuan.

Operating revenue jumped 31% to 2.36 billion yuan from 1.81 billion yuan in the previous year.

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