August 2 -- Shenzhen Laibao High-Technology (002106) posted a 70.64-percent year-on-year increase in profits from the first half of 2011 to 266 million yuan, with earnings per share of 0.4435 yuan, reports p5w.net, citing a company filing.

The listed company attributed the growth to higher production capacity and sales volume of touch screens during the reporting period.

Shenzhen Laibao High-Technology expected a 10-30 percent increase in net profit in first three quarters.