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Shanghai Belling's Attributable Profit Slides 42% in Q1

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-- Shanghai Belling's (SHA:600171) attributable profit fell 42% to 22.4 million yuan in the first quarter from 38.4 million yuan in the year-ago period, according to a Saturday filing with the Shanghai bourse.

Earnings per share at the integrated circuit design company decreased 41% to 0.032 yuan from 0.054 yuan in the prior-year period.

Operating revenue grew 29% year over year to 604.5 million yuan from 468.8 million yuan.

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