Xiamen Tungsten's (SHA:600549) net profit attributable to shareholders in the first half soared 127% to 2.20 billion yuan from 969.3 million yuan a year earlier, according to a Shanghai bourse filing on Friday.
Earnings per share rose year on year to 1.39 yuan from 0.61 yuan.
Operating revenue jumped 82% to 35 billion yuan from 19.3 billion yuan in the prior year.
The Chinese tungsten materials supplier's shares rose 4% during the morning trade.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments