Qinghai Salt Lake Industry Q1 Profit Jumps 147%, Revenue Up 95%
Qinghai Salt Lake Industry (SHE:000792) posted first-quarter attributable net profit of 29.4 billion yuan, up 147% from 11.9 billion yuan the previous year.Earnings per share rose to 0.5555 yuan from 0.2245 yuan, according to a Tuesday filing with the Shenzhen bourse.Operating revenue climbed 95% year over year to 64.3 billion yuan from 33.0 billion yuan.Shares of the fertilizer products manufacturer declined 1% in recent trade.