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.