Zhuzhou CSR Times Electric (03898) said its net profit attributable to shareholders of the parent for the three months ended 31 March 2014 soared 2.9 times year-on-year to Rmb317 million.
Its basic and diluted earnings per share were Rmb27 cents.
The revenue was Rmb2.02 billion, an increase of 109.5% from a year earlier. The group's gross profit margin increased from 33.1% for the same period in 2013 to 35.1% for the reporting period, which was mainly attributable to the change in the sales structure of products.
15/04/2014 10:01
CSR Times Electric (03898) 1Q net soars 2.9x to Rmb317m
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