China Railway Group's (HKG:0390, SHA:601390) net profit attributable to shareholders for the first quarter dropped 19% to 6.03 billion yuan from 7.48 billion yuan a year earlier, according to a Hong Kong Stock Exchange filing on Tuesday.
Earnings per share fell 15% year on year to 0.245 yuan from 0.289 yuan.
The Chinese railway engineering company's first-quarter revenue slipped 6.2% to 248.6 billion yuan from 265 billion yuan in the prior year, the filing said.
The company's Hong Kong shares slipped over 1% in recent trade.