-- Henan Pinggao Electric's (SHA:600312) attributable profit rose 16% to 414.8 million yuan in the first quarter from 358.4 million yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.
Earnings per share at the electric switchgear manufacturer increased to 0.3057 yuan from 0.2641 yuan in the prior-year period.
Operating income declined 2.4% year over year to 2.45 billion yuan from 2.51 billion yuan.
Shares increased 3% during the midday break on Wednesday.