Guangzhou Tinci Materials Technology's (SHE:002709) attributable profit ballooned 968%, or more than tenfold, to 2.86 billion yuan in the first half from 267.9 million yuan in the year-ago period, according to a Friday filing with the Shenzhen Stock Exchange.
Earnings per share at the fine chemical materials manufacturer increased to 1.41 yuan from 0.14 yuan in the prior-year period.
Operating revenue grew 109% year over year to 14.7 billion yuan from 7.03 billion yuan.
Shares in the chemical company jumped 2% during afternoon trading on Friday.
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