Monday 2011-04-18

April 18 -- Zhejiang Hailide New Material (002206), a maker of industrial polyester fiber and solvent printing media, said yesterday that 2010 net profit attributable to shareholders rose 8.43 percent year-on-year to 153 million yuan on a 70.17 percent growth in revenue to 1.65 billion yuan, reports stcn.com.

Earnings per share was 0.61 yuan.

The company plans to pay cash dividends of 3.3 yuan (pre-tax) and covert five shares for every 10 shares held.