ReutersReuters

Cyient slides on quarterly profit fall

RefinitivThời gian đọc: dưới 1 phút

** Shares of Cyient CYIENT fall as much as 6.06% to 1,108 rupees

** Co reported 28.8% fall in quarterly profit on Thursday, weighed down by supply chain bottlenecks in its transport, mobility, and semiconductor businesses

** Co's quarterly revenue falls 3.7%

** CFO Prabhakar Atla highlights headwinds from wage hikes as well as ongoing macroeconomic uncertainties, as some reasons for the co's performance

** Stock rated as "Hold" on average; median PT at 1,237 rupees - LSEG data

** YTD, stock down nearly 40%

Đăng nhập hoặc tạo tài khoản miễn phí trọn đời để đọc tin tức này