-- GD Power Development's (SHA:600795) net profit attributable to shareholders in the first quarter dropped 23% to 1.40 billion yuan from 1.81 billion yuan a year earlier, according to a Shanghai bourse filing on Wednesday.
Earnings per share declined 24% year on year to 0.078 yuan from 0.102 yuan.
Operating revenue slipped 1.6% to 39.2 billion yuan from 39.8 billion yuan in the previous year.
The Chinese power company's shares slid 1% during the midday trade.