Gree Electric Appliances' (SHE:000651) attributable net profit rose 3% year over year to 6.08 billion yuan in the first quarter from 5.9 billion yuan, according to a Wednesday filing with the Shenzhen Stock Exchange.
The appliance manufacturer's earnings per share edged up to 1.09 yuan from 1.07 yuan a year earlier.
Operating income declined 3.5% year on year to 43 billion yuan from 41.5 billion yuan.
Gree Electric's shares rose 4% in early-morning trade on Wednesday.
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