NARI Technology's (SHA:600406) net profit attributable to shareholders in the first quarter rose 14% to 680.2 million yuan or 0.09 yuan per share, from 595.9 million yuan or 0.07 yuan per share a year earlier, according to a Tuesday disclosure on the Shanghai Stock Exchange.

The Chinese electrical equipment manufacturer's operating income grew 15% to 8.90 billion yuan from 7.75 billion yuan in the previous year, the disclosure said.

The company's shares closed less than 4% lower.