China Southern Power Grid Energy Storage's (SHA:600995) net profit attributable to shareholders in the first quarter jumped 21% to 453.8 million yuan from almost 374 million yuan a year earlier, according to a Shanghai bourse filing on Wednesday.
Earnings per share rose 17% year on year to 0.14 yuan from 0.12 yuan.
Operating revenue inched 19% higher to 1.85 billion yuan from 1.56 billion yuan in the previous year.
The Chinese state-owned power company's shares closed less than 3% higher.
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