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Tangshan Port's H1 profit up 31.61%

Aug. 13, 2012 (China Knowledge) - Tangshan Port Group Co Ltd<601000> has announced its net profit attributable to shareholders to reach RMB 345.12 million in the first half of this year, reflecting a YoY increase of 31.61%.

According to statement filed with Shanghai Stock Exchange, basic earnings per share for the period were RMB 0.31, more than RMB 0.26 it realized in the corresponding period of last year.

In the first half of this year, the company saw its operation revenue surged 50.66% from a year earlier to RMB 2.12 billion.

From January to June this year, Tangshan Port's cargo throughput reached 52.15 million metric tons, 22.66% more than it realized in the first half of 2011. It handled 25.37 million metric tons of ore in the six-month period, up 66.17% YoY.

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