China Shipbuilding Industry Group Power's (SHA:600482) net profit attributable to shareholders increased 7.7% year on year to 288.4 million yuan, according to a Shanghai bourse filing on Friday.
Earnings per share rose 8.3% from a year earlier to 0.13 yuan.
Operating revenue climbed 13% year on year to 13.3 billion yuan.
The Chinese shipbuilding conglomerate's shares dropped less than 5% during the afternoon trade.
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.