Financial Markets
Real Estate
Local listed Company
Overseas-listed Company
Foreign Company
Industrial Parks

 Search News  Or
Lanhua Sci-Tech Venture expects 46.54% rise in H1 net profit

Jul. 11, 2012 (China Knowledge) - Shanxi Lanhua Sci-Tech Venture Co Ltd<600123>, a producer of coal, chemical products and building materials, announced yesterday that its net profit was expected to grow 46.54% YOY to RMB 1.10 billion in the first half of this year.

Earnings per share were RMB 0.96 in the first six months.

The Shanghai-listed company attributed the strong growth in net profit to higher profit contribution from Shanxi Asian American-Daning Energy Co and improving chemical fertilizer division.

The company’s operating revenue was estimated at RMB 3.96 billion in the period, up 3.65% YoY.

In the first quarter of this year, the company’s net profit jumped 52.04% YoY to RMB 513.32 million and its core business revenue grew 22.41% to RMB 2.13 billion.

Add this     
Copyright © "2015"

Send feedback or comments to:

For more news, financial weekly reports, business guides to China, Market Research Reports and other premium information, subscribe to China Knowledge today

To access our page on Bloomberg, type CKFI (GO)

 Our Professional Services


 News Archive
About Us | CSR | Media Center | E-Newsletter | E-Store | Contact Us | Feedback | Sitemap | Privacy Policy | Terms of Use  

           Copyright © 2014 China Knowledge Online. All Rights Reserved