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FINWIRES

China Suntien Green Energy's Profit Falls 25% in Q1

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China Suntien Green Energy (HKG:0956, SHA:600956) posted net profit attributable to shareholders of 715.6 million yuan for the first quarter, down 25% from 954.5 million yuan a year earlier, according to a Tuesday Hong Kong bourse filing.

Hong Kong-listed shares of the natural gas and wind power generation company were down over 1% in Wednesday morning trade.

Earnings per share came in at 0.16 yuan, compared with 0.23 yuan a year earlier.

Revenue fell 19% to 5.62 billion yuan from 6.91 billion yuan in the prior-year period.

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