Tiansheng New Materials H1 Net Profit Up 20%

   Date:2011/08/17

Tuesday 2011-08-16  15:58 Publisher: CapitalVue
August 16 -- Changzhou Tiansheng New Materials (300169) filed its net profit and revenue grew 20.06 percent and 10.94 percent year-on-year to 28.09 million yuan and 187 million yuan in the first half for EPS of 0.2061 yuan, reports p5w.net.

Tiansheng says it optimized its product structure and increased the sales of products with higher gross margins. It also made efforts on costs and expenditure control.

 

Source:CapitalVue

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