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GRINM Semiconductor Materials' Attributable Profit Jumps 26% in H1; Shares Rise 3%

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GRINM Semiconductor Materials (SHA:688432) attributable profit rose 26% to 132.8 million yuan in the first half from 105.7 million yuan, after adjustments, in the year-ago period, according to a Friday filing with the Shanghai Stock Exchange.

Earnings per share at the maker of silicon and other semiconductor materials increased to 0.1065 yuan from 0.0849 yuan in the prior-year period.

Operating revenue grew 21% year over year to 664.8 million yuan from 548.5 million yuan.

Shares jumped 3% during the midday break on Friday.

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