July 18 -- Xinjiang Qingsong Building Materials And Chemicals (Group) (600425), a maker of construction materials and chemicals such as cement, phosphate fertilizers and potassium sulfate, posted a 54.5 percent year-on-year increase in first half 2011 net profit to 190.18 million yuan, with earnings per share of 0.397 yuan, up 54.47 percent year-on-year, reports 163.com, citing a company filing.

Sales revenue in the same period rose 30.32 percent year-on-year to 915.18 million yuan.

The company attributed the increase in net profit to the higher sales and selling prices of its cement and building materials during the reporting period.