Ningbo Tuopu Group's (SHA:601689) net profit attributable to shareholders for the first quarter slipped 2.4% to 551.8 billion yuan from 565.5 billion yuan a year earlier.
Earnings per share slid to 0.32 yuan from 0.33 yuan, according to a Shanghai bourse filing on Thursday.
The auto parts manufacturer's revenue rose 15% to 6.63 billion yuan from 5.77 billion yuan in the prior year.
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