August 2 – Yotrio Group (002489) posted a 1.22-percent year-on-year increase in net profits for the first half of 2011 to 212 million yuan, reports yicai.com, citing a company filing.

Sales revenue grew 6.53 percent year-on-year to 1.63 billion yuan. Earnings per share rose 24.79 percent to 0.88 yuan. The firm plans not to distribute any interim earnings.

Yotrio Group, which is based in Linhai city, Zhejiang province, produces patio furniture including sunshades and umbrellas. Most of its income comes from exports to Europe, and its largest clients include Home Depot, Carrefour, and MGB.