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Zhongyuan Environment's profit doubles in H1

Aug. 2, 2012 (China Knowledge) - Zhongyuan Environment-Protection Co. Ltd<000544>, a China-based urban sewage treatment and urban centralized heat supplier, announced its net profit attributable to shareholders surged 104.85% from a year earlier to RMB 81.44 million in the first half of 2012.

Basic earnings per share for the period were RMB 0.3, double than in the corresponding period of 2011.

In a statement filed with Shenzhen Stock Exchange, the company saw its operation revenue rose 10.49% YoY to RMB 211 million, including RMB 105.65 million from heat supplier business, rose 17.31% YoY.

Meanwhile, the urban sewage treatment business generated RMB 81.63 million in operation revenue, up 3.4% from a year earlier.

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