Shanghai Dazhong Public Utilities (Group) (HKG:1635, SHA:600635) recorded a 601% rise in attributable profit in the first quarter to 194.1 million yuan from 27.7 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.
Earnings per share rose to 0.0657 yuan in the three months from 0.0094 yuan in the same period last year.
The utility company's total revenue fell 4.1% to 2.08 billion yuan from 2.17 billion yuan previously.