Tayho Advanced Materials Group's (SHE:002254) unit, Yantai Minstar Special Paper, said its first-half net profit attributable to shareholders jumped 42% to 63 million yuan from 44.3 million yuan a year earlier, according to a Shenzhen bourse filing on Thursday.
Earnings per share rose year on year to 0.43 yuan from 0.30 yuan.
The unit's operating revenue climbed 28% to 237.5 million yuan from 185.7 million yuan in the previous year, the Chinese manufacturer of textile products said.
The company's shares rose less than 2% during afternoon trade.
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