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Ningbo Deye Technology's Attributable Profit Jumps 79% in H1

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Ningbo Deye Technology's (SHA:605117) attributable profit rose 79% to 2.72 billion yuan in the first half from 1.52 billion yuan in the year-ago period, according to a Thursday filing with the Shanghai Stock Exchange.

Earnings per share at the company increased to 2.14 yuan from 1.20 yuan in the prior-year period.

Operating revenue expanded 92% year over year to 10.6 billion yuan from 5.54 billion yuan.

Company shares fell 2% during the midday break on Thursday.

Directors declared a dividend of 1.60 yuan per share.

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