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Sanhua Intelligent Controls Q1 Profit Up 3%; Shares Rise 5%

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-- Zhejiang Sanhua Intelligent Controls (SHE:002050) posted first-quarter attributable net profit of 927.6 million yuan, up 2.7% from 903.4 million yuan the previous year.

Earnings per share declined to 0.22 yuan from 0.24 yuan, according to a Thursday filing with the Shenzhen bourse.

Operating revenue climbed 1.4% year over year to 7.77 billion yuan from 7.67 billion yuan.

Shares of the refrigeration and air-conditioning components maker were up 5% in recent trade.

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