August 4 -- Xiamen Faratronic (600563) filed its revenue and net profit attributable to shareholders respectively grew 22.67 percent and 37.94 percent year-on-year to 710.98 million yuan and 153 million yuan in the first half of 2011, reports 163.com. First half EPS grew 38.77 percent year-on-year to 0.68 yuan.

Faratronic attributes the growth to better utilization of its existing capacity as well as an optimized product structure. The gross margin of its capacitors rose 2.29 percentage points year-on-year in the first half.

Faratronic plans neither profits distribution nor shares conversion.

Source:CapitalVue