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CGN Power's Q1 Profit Drops 9% on Lower Revenue

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-- CGN Power (HKG:1816, SHE:003816) posted a 9% drop in attributable profit in the first quarter to 2.74 billion yuan from 3.02 billion yuan, according to filings with the Hong Kong and Shanghai bourses late Tuesday.

Earnings per share edged down to 0.052 yuan from 0.060 yuan.

Revenue plunged 13% to 16.3 billion yuan from 18.8 billion yuan, the nuclear power operator said.

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