Xinfengming's Attributable Profit Doubles in H1

MT Newswires Live
Aug 28

Xinfengming's (SHA:603225) attributable profit jumped 103% to 1.44 billion yuan in the first half from 708.2 million yuan, after adjustments, in the year-ago period, according to a Friday filing with the Shanghai Stock Exchange.

Earnings per share at the polyester filament and staple fiber maker increased to 0.89 yuan from 0.47 yuan in the prior-year period.

Operating revenue grew 22% year over year to 40.7 billion yuan from 33.5 billion yuan.

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