Monday 2011-08-22  14:37 Publisher: CapitalVue
August 22 -- Yiwu Huading Nylon (601113.SH), a producer of civil nylon filament, recorded a 112.81 percent year-on-year rise in first half 2011 net profit to 102 million yuan, with earnings per share of 0.38 yuan, reports p5w.net, citing a company filing.

Revenue rose 50.62 percent year-on-year to 724 million yuan.

According to Huading Nylon, the revenue growth was attributable to the 28.48 percent year-on-year increase in the selling prices of its products, and to a 16.9 percent year-on-year rise in sales volume.