Guanghui Energy H1 Profit Up 50%; Revenue Slips 10%

MT Newswires Live

08/21

Guanghui Energy (SHA:600256) posted first-half attributable net profit of 1.28 billion yuan, up 50% from 853.3 million yuan the previous year.

Earnings per share rose to 0.2000 yuan from 0.1302 yuan, according to a Friday filing with the Shanghai bourse.

Operating revenue declined 9.6% year over year to 14.2 billion yuan from 15.7 billion yuan.

Shares of the energy company closed 2% higher Friday.

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