Jul. 30, 2012 (China Knowledge) - Zhejiang Dahua Technology Co<002236
> announced yesterday that its net profit jumped 75.17% YoY to RMB 226 million in the first half of this year.
Basic earnings per share were RMB 0.4 in the period, said the company in an interim report.
company attributed the robust growth in net profit in part to a significant increase in operating revenue.
Zhejiang Dahua Technology saw its operating revenue grow 45.02% YoY to RMB 1.30 billion in the first six months. Revenue from after end audio and video product, front end audio and video product and remote image monitoring product sectors rose 29.64%, 99.23% and 71.63% YoY, respectively.
The company expected its net profit to rise between 60% and 90% YoY to RMB 327 million to RMB 388 million in the first nine months of this year.