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Bairun Investment H1 Profit Up 23%, Revenue Rises 11%

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Shanghai Bairun Investment (SHE:002568) posted first-half attributable net profit of 478.9 million yuan, up 23% from 389.1 million yuan the previous year.

Earnings per share rose to 0.45 yuan from 0.38 yuan, according to a Wednesday filing with the Shenzhen bourse.

Operating revenue climbed 11% year over year to 1.66 billion yuan from 1.49 billion yuan.

Shares of the flavors and fragrances manufacturer climbed 1% Wednesday.

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Bairun Investment H1 Profit Up 23%, Revenue Rises 11% | FINWIRES