August 10 -- Beijing SJ Environmental Protection and New Material (300072) reported that its net profit jumped 40.39 percent year-on-year to 30.656 million yuan in first half of 2011, with earnings per share of 0.16 yuan, reports p5w.net, citing a company filing. Revenue increased 15.82 percent year-on-year to 206 million yuan.

The listed company’s comprehensive gross margin grew 2.03 percent year-on-year during the reporting period, meaning its net profit growth was higher than its revenue growth.

SJ Environmental specializes in the development and manufacture of environment-friendly materials, products, technology and complete energy infrastructure solutions for producing clean fuels and solving environmental problems.

Source:CapitalVue