Hebei Sinopack Electronic's H1 Attributable Profit Jumps 41% in H1; Shares Fall 5%

MT Newswires Live
08/25

Hebei Sinopack Electronic Technology's (SHE:003031) attributable profit rose 41% to 402.7 million yuan in the first half from 285.2 million yuan, after adjustments, in the year-ago period, according to a Tuesday filing with the Shenzhen Stock Exchange.

Earnings per share at the electronic ceramic products maker increased to 0.89 yuan from 0.63 yuan in the prior-year period.

Operating revenue grew 55% year over year to 2.21 billion yuan from 1.43 billion yuan.

Directors declared a dividend of 1.85 yuan per 10 shares, or 0.185 yuan per share.

Company shares fell 5% during afternoon trading on Tuesday.

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