July 22 -- Lijiang Yulong Tourism (002033) posted a 367.19 percent year-on-year increase in first half 2011 net profit to 30.21 million yuan, with earnings per share of 0.2 yuan, reports p5w.net, citing a company filing.

Sales revenue increased 62.89 percent year-on-year to 136 million yuan.

The company expects net profit for the first three quarters to increase by between 220 percent and 270 percent year-on-year due to the resumption of operations of a cableway since November 2010, and an increase in the number of customers at a hotel managed by one of its subsidiaries.

Source:CapitalVue