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Huadian Power International Q1 Profit Down 10%, Revenue Slides 9%

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-- Huadian Power International (SHA:600027, HKG:1071) posted first-quarter attributable net profit of 1.79 billion yuan, down 9.9% from 1.99 billion yuan the previous year.

Earnings per share declined to 0.14 yuan from 0.17 yuan, according to a Wednesday filing with the Shanghai bourse.

Operating revenue went down 9.4% year over year to 30.5 billion yuan from 33.6 billion yuan.

Shares of the electric power company were up 1% in recent trade on the Shanghai bourse and down 1% on the Hong Kong bourse.

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