Nanfang Pump Industry H1 Earnings Up 46% - ResearchInChina

Date:2011-08-08baixiaomei  Text Size:


Friday 2011-08-05 


August 5 -- Hangzhou Nanfang Special Pump Industry (300145) posted a 46.33-percent year-on-year increase in the first half of 2011 net profit to 36.98 million yuan, reports China Securities Journal, citing a company filing.

Revenue rose 45.11 percent year-on-year to 361.45 million yuan, while total profit jumped 51.01 percent year-on-year to 46.68 million yuan.

The listed company attributed the profit growth to rising sales of high-quality pumps and higher market share. 

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