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<Results> DONGFANG ELEC (01072.HK) 1Q Net Profit RMB1.585B Up 37.4% YoY
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DONGFANG ELEC (01072.HK) announced its first quarter results. Under PRC accounting standards, revenue amounted to RMB17.47 billion, up 5.6% YoY. Net profit attributable to shareholders reached RMB1.585 billion, up 37.4% YoY, mainly benefiting from revenue growth, improvement in gross margin and increased gains from changes in fair value of held equities. EPS was RMB0.46. (de/d)



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