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Shenzhen Transsion H1 Profit Up 46%, Revenue Rises 22%

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Shenzhen Transsion (SHA:688036) posted first-half attributable net profit of 1.77 billion yuan, up 46% from 1.22 billion yuan the previous year.

Earnings per share climbed to 1.54 yuan from 1.06 yuan, according to a Tuesday filing with the Shanghai bourse.

Operating revenue rose 22% year over year to 35.4 billion yuan from 29.1 billion yuan.

The mobile phone maker declared a semi-annual cash dividend of 8.00 yuan per 10 shares, according to a separate filing.

Shares of Shenzhen Transsion were up 1% in recent trade.

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