02:20 AM EDT, 08/26/2022 (MT Newswires) -- Yadea Group's (HKG:1585) first-half profit rose from a year ago, driven by higher revenue, a Friday stock filing from the electric bicycle maker showed.
Profit for the six months through June 30 increased to 899 million yuan ($131 million), or 0.307 yuan per diluted share, from 589.2 million yuan, or 0.202 yuan per share, a year earlier.
Revenue climbed to 14.05 billion yuan from 12.38 billion yuan a year ago.
Yadea's shares ticked nearly 2% lower in Friday's afternoon trading.
Price (HKD): $15.52, Change: $-0.24, Percent Change: -1.52%