Xingfa Chemicals H1 Profit Up 15%, Revenue Rises 19%
MT Newswires Live
Aug 25
Hubei Xingfa Chemicals (SHA:600141) posted first-half attributable net profit of 835.5 million yuan, up 15% from 726.8 million yuan the previous year.
Earnings per share rose to 0.71 yuan from 0.64 yuan, according to Tuesday filings with the Shanghai bourse.
Operating revenue rose 19% year over year to 17.5 billion yuan from 14.6 billion yuan.
The chemical manufacturer declared an interim dividend of 0.20 yuan per share.
Shares of Xingfa Chemicals were down 2% Tuesday.
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