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Ruijie Networks' Attributable Profit Jumps 54% in H1

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Ruijie Networks' (SHE:301165) attributable profit rose 54% to 694.2 million yuan in the first half from 452.1 million yuan in the year-ago period, according to a Saturday filing with the Shenzhen Stock Exchange.

Earnings per share at the network equipment manufacturer increased to 0.6230 yuan from 0.4060 yuan in the prior-year period.

Operating revenue grew 33% year over year to 8.83 billion yuan from 6.65 billion yuan.

Shares rose 2% during morning trading on Monday.

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