China Suntien Green Energy's Q1 Profit Swells 15%

MT Newswires Live
29 Apr

China Suntien Green Energy (SHA:600956, HKG:0956) recorded a 15% rise in attributable profit in the first quarter to 954.5 million yuan from 832.1 million yuan a year prior, a Tuesday filing with the Hong Kong bourse said.

Earnings per share stood at 0.23 yuan in the three months, up from 0.20 yuan in the year-ago period.

The natural gas and wind power generation company's operating revenue fell 13% to 6.91 billion yuan from 7.91 billion yuan previously.

The lower operating revenue was mainly due to a year-over-year decline in the natural gas sales volume.

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