Asia
Guiguan Electric Power's Q1 Profit Jumps 58%, Revenue Climbs 37%; Shares Down 4%
Guangxi Guiguan Electric Power's (SHA:600236) net profit attributable to shareholders in the first quarter jumped 58% to 859.2 million yuan from 543.4 million yuan a year earlier, according to a Shanghai bourse filing on Thursday.Earnings per share rose 60% year on year to 0.1073 yuan from 0.0669 yuan.Operating revenue climbed 37% to 2.66 billion yuan from 1.95 billion yuan in the previous year.The Chinese power company's shares dropped 4% during the morning trade.
SHA:600236
