Jiangsu Financial Leasing Q1 Profit up 6.5%; Shares Fall 5%
Jiangsu Financial Leasing (SHA:600901) posted first-quarter attributable net profit of 821.8 million yuan, up 6.5% from 77.2 billion yuan the previous year.Earnings per share rose to 0.14 yuan from 0.13 yuan, according to a Friday filing with the Shanghai bourse.Operating revenue rose 16% year over year to 1.80 billion yuan from 1.54 billion yuan.Shares of the equipment leasing company were down 5% in recent trade.