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Power Construction of China's Q1 Profit Slumps 25.5%; Revenue Up 2%

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Power Construction of China (SHA:601669) posted a 25.6% slump in first-quarter attributable net profit to 1.95 billion yuan from 2.62 billion yuan in the prior-year period.

Earnings per share slid to 0.1112 yuan from 0.1471 yuan, according to a Thursday filing with the Shanghai bourse.

Operating revenue at the engineering construction company climbed 1.75% year over year to 145.1 billion yuan from 142.6 billion yuan.

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