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Hikvision's H1 Profit Jumps 40%, Revenue Rises 12%; Shares Up 5%

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Hangzhou Hikvision Digital Technology's (SHE:002415) net profit attributable to shareholders in the first half jumped 40% to 7.90 billion yuan from 5.66 billion yuan a year earlier, according to a Shenzhen bourse filing on Saturday.

The security camera maker's shares jumped 5% during Monday's morning trade.

Earnings per share climbed 40% year on year to 0.862 yuan from 0.615 yuan.

Operating revenue rose 12% to 46.8 billion yuan from 41.8 billion yuan in the previous year.

The company plans to pay out a cash dividend of 5.50 yuan for every 10 shares.

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