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Analysts were expecting earnings of .50 per share and revenue of .90 billion, according to IBES estimate from Refinitiv. It was not immediately clear if the reported numbers were comparable with the estimate.

An said the mainland has issued 2.69 million travel permits to Taiwan residents since 2015 and would develop more convenient services.

Analysts at Central China Securities said in a research note that the measures rolled out at the meeting will further energize the economy, open up more monopolistic sectors to private capital, and encourage private investment in the research and development of fundamental technologies.

Analysts expect the glut in refined fuels could last for years, partly due to the slowing demand domestically and a surfeit of refining capacity.

Analysts said the remarks demonstrate that the current trade situation has "limited" impact as the group of Chinese companies have been determined in beefing up their core technologies.