4914282 said its first-quarter normalized net income came to 7 fen per share, a decrease of 9.8% from 8 fen per share in the prior-year period.
Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 25.2 million yuan, a decrease of 10.5% from 28.1 million yuan in the prior-year period.
The normalized profit margin fell to 7.5% from 7.8% in the year-earlier period.
Total revenue decreased 6.6% on an annual basis to 335.6 million yuan from 359.4 million yuan, and total operating expenses fell 6.9% year over year to 292.7 million yuan from 314.4 million yuan.
eported net income decreased 9.5% year over y Lanzhou Minbai Shareholding (group) Co. Ltd.
