Guangdong Dongfang Precision Science & Technology's (SHE:002611) attributable profit surged 868%, or nearly tenfold, to 3.85 billion yuan in the first half from 397.4 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen Stock Exchange.
Earnings per share at the corrugated packaging equipment maker increased to 3.20 yuan from 0.33 yuan in the prior-year period.
Operating revenue declined 22% year over year to 1.69 billion yuan from 2.16 billion yuan.