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Sinophorus Electronic Materials H1 Profit Up 18%, Revenue Rises 44%

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Hubei Sinophorus Electronic Materials (SHA:688545) posted first-half attributable net profit of 123.1 million yuan, up 18% from 104.4 million yuan the previous year.

Earnings per share rose to 0.34 yuan from 0.30 yuan, according to a Tuesday filing with the Shanghai bourse.

Operating revenue went up 44% year over year to 966.4 million yuan from 672.5 million yuan.

Shares of the electronics chemicals manufacturer rose nearly 2% in recent trade.

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