China Longyuan Power's Q1 Profit Slides 22%

MT Newswires Live
29 Apr

China Longyuan Power's (HKG:0916, SHE:001289) attributable profit fell 22% to 1.90 billion yuan in the first quarter from 2.44 billion yuan in the year-ago period, according to a Tuesday filing with the Shenzhen bourse.

Earnings per share at the power company decreased 21% to 0.2275 yuan from 0.2895 yuan in the year-ago period.

Operating income declined 19% to 8.14 billion yuan from 10 billion yuan in the prior-year period/a year earlier.

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