July 20 -- Nafine Chemical Industry Group (000737) posted a 113.86-percent year-on-year increase in net profit to 12.04 million yuan and earnings per share (EPS) to 0.0219 yuan in the first half of 2011, reports 163.com, citing a company filing. Sales revenue in the first half hit 1.44 billion yuan.

The company said it will not pay dividends this year. Nafine is based in Yuncheng city, Shanxi province and manufactures raw chemical materials and finished chemical products including detergent and Glauber's salt.