Wolong Electric's (SHA:600580) net profit attributable to shareholders in the first half fell 35% to 351.6 million yuan from 537.2 million yuan a year earlier, according to a Shanghai bourse filing.
Earnings per share dropped 34% year on year to 0.23 yuan from 0.35 yuan.
Operating revenue slipped 7% to 7.47 billion yuan from 8.03 billion yuan in the previous year.
The electrical equipment manufacturer's shares slid 1% at the close.
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