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Baiyunshan Pharmaceutical's Profit Falls 2% in Q1; Shanghai Shares Up 3%

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-- Guangzhou Baiyunshan Pharmaceutical's (HKG:0874, SHA:600332) net profit attributable to shareholders fell 2.1% to 1.78 billion yuan in the first quarter, from 1.82 billion yuan a year earlier, according to a Monday Hong Kong bourse filing.

Earnings per share came in at 1.097 yuan, compared with 1.120 yuan in the prior-year period.

Income from operations rose 3.6% to 23.3 billion yuan from 22.5 billion yuan a year earlier.

The pharmaceutical company's Hong Kong shares rose 2% during Tuesday morning's trade, while its Shanghai-listed shares were up 3%

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