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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.