August 17 -- Fujian Superpipe (300198), a maker of drainage pipes, reported a 143.09 percent year-on-year increase in first half 2011 net profit to 35.08 million yuan, with earnings per share of 0.436 yuan, reports p5w.net, citing a company filing.

Sales revenue in the same period rose 93.34 percent year-on-year to 123 million yuan.

The company announced stock dividends of five shares and cash dividends of three yuan for every 10 shares held.