Hongfa Technology's (SHA:600885) attributable profit rose 18% to 484.3 million yuan in the first quarter from 411.1 million yuan in the year-ago period, according to a Thursday filing with the Shanghai bourse.
Earnings per share at the electrical equipment manufacturer increased to 0.3129 yuan from 0.2808 yuan, after adjustments, in the prior-year period.
Operating revenue grew 28% year over year to 5.11 billion yuan from 3.98 billion yuan.
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