Tond Chemical H1 Earnings Up 27.7% - ResearchInChina

Date:2011-08-17zhjx  Text Size:

August 9 -- Shanxi Tond Chemical (002360), a producer of explosives, recorded a 27.67 percent year-on-year rise in first half 2011 net profit to 27.37 million yuan, reports, citing a company filing.

Sales revenue increased 88.26 percent year-on-year to 225 million yuan.

The company predicts a 20-50 percent year-on-year increase in net profit for the first nine months.

During the first nine months of 2010, the company had posted a net profit of 37.16 million yuan.


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