SAIC Motor's (SHA:600104) net profit attributable to shareholders in the first quarter rose 11% to 3.02 billion yuan from 2.71 billion yuan a year earlier, according to a Shanghai Stock Exchange disclosure on Wednesday.

Earnings per share increased 12% year on year to 0.264 yuan from 0.236 yuan.

The Chinese carmaker's operating income in the same period slipped 0.9% to 137.7 billion yuan from almost 139 billion yuan in the previous year, the disclosure said.

The company's shares jumped over 4% in recent trade.