CNGR Advanced Material (SHE:300919) posted first-quarter net profit attributable to shareholders of 1.47 billion yuan, down 25% from 1.95 billion yuan the previous year.
Earnings per share fell to 1.58 yuan from 2.09 yuan, according to a filing with the Shanghai bourse.
The battery company's revenue increased 17% year over year to 40.2 billion yuan from 34.3 billion yuan.
CNGR Advanced Material declared a dividend of 0.36 yuan per share.
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