Huayu Automotive Systems (SHA:600741) posted first-half attributable net profit of 2.65 billion yuan, down 8.7% from 2.90 billion yuan the previous year.
Basic earnings per share declined to 3.87 yuan from 4.55 yuan, according to a filing with the Shanghai bourse.
Operating revenue declined 1.4% year over year to 83.9 billion yuan from 85.2 billion yuan.
Shares of the automotive parts maker rose 1% in recent trade.
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