August 2 -- Shenzhen Capchem Technology (300037), a supplier of capacitor chemicals and lithium battery chemicals, posted a 42.91 percent year-on-year increase in first half 2011 net profit to 59.46 million yuan, with earnings per share of 0.56 yuan, reports nbd.com, citing a company filing.

Sales revenue increased 40.19 percent year-on-year to 312 million yuan.

The company attributed the increase in revenue to the rise in the sales of its main products, while the higher net profit was due to the increases in sales revenue and gross profit margin.

Source:CapitalVue