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Yanhu Industry's H1 Profit Soars 138%, Revenue Jumps 80%; Shares Up 3%

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Qinghai Yanhu Industry's (SHE:000792) net profit attributable to shareholders in the first half soared 138% to 6.17 billion yuan from 2.59 billion yuan a year earlier, according to a Shenzhen bourse filing on Wednesday.

Earnings per share more than doubled year on year to 1.17 yuan from 0.49 yuan.

Operating revenue jumped 80% to 13.1 billion yuan from 7.26 billion yuan in the previous year.

The Chinese potassium fertilizer producer's shares rose 3% during the morning trade.

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