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Jilin Yatai’s H1 profit up 4%

Aug. 15, 2012 (China Knowledge) - Jilin Yatai (Group) Co Ltd<600881>, which is principally engaged in the manufacture of cement and property business, has announced its net profit attributable to shareholders to rise 3.98% YoY to RMB 334.26 million in the first half of this year.

Basic earnings per share for the period were RMB 0.18.

According to a statement filed with Shanghai Stock Exchange, the company sees its operation revenue decreased 5.58% from a year earlier to RMB 4.89 billion in the six-month period.

Revenue from building material business and coal business declined 7.21% and 29.98% YoY to RMB 2.93 billion and RMB 185.01 million, respectively.

Meanwhile, that from property and pharmaceutical business reached RMB 615.62 million and RMB 379.96 million, up 22.39% and 24.22% YoY, respectively.

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