Range Intelligent Computing Technology (SHE:300442) posted first-quarter net profit attributable to shareholders of 474.2 million yuan, up 44% from 329.8 million yuan the previous year.
Earnings per share declined to 0.28 yuan from 0.36 yuan, according to a Thursday filing with the Shenzhen bourse.
The packaging equipment manufacturer's revenue rose 22% year over year to 986.8 million yuan from 808.5 million yuan.
Shares of the company were down 14% Thursday.