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FINWIRES

XD Electric's Q1 Profit Jumps 17.5%; Shares Up 4%

発信

-- China XD Electric's (SHA:601179) net profit attributable to shareholders in the first quarter jumped 17.5% year on year to 346.6 million yuan from 294.9 million yuan, according to a Shanghai bourse filing on Tuesday.

Earnings per share also climbed to 0.0676 yuan from 0.0575 yuan last year.

Revenue rose 5% to 5.51 billion yuan from 5.24 billion yuan.

Shares of the power transmission and distribution equipment manufacturer jumped almost 4% Tuesday morning in Shanghai.

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