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Ningbo Zhoushan Port's Q1 Profit Slips, Revenue Rises

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-- Ningbo Zhoushan Port's (SHA:601018) net profit attributable to shareholders in the first quarter slipped 0.4% to 1.17 billion yuan from 1.18 billion yuan a year earlier, according to a Shanghai bourse filing on Wednesday.

Earnings per share were flat year on year at 0.06 yuan.

Operating revenue jumped 16% to 8.19 billion yuan from 7.08 billion yuan in the previous year.

The Chinese transportation services provider's shares slipped less than 2% during the midday trade.

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