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Jilin Yatai H1 profit up by 4pct YoY
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Thursday, 16 Aug 2012
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China Knowledge reported that Jilin Yatai Co Ltd which is principally engaged in the manufacture of cement and property business net profit attributable to shareholders to rise 3.98% YoY to CNY 334.26 million in the first half of this year.

Basic earnings per share for the period were CNY 0.18.

According to a statement filed with Shanghai Stock Exchange, the company sees its operation revenue decreased 5.58% from a year earlier to RMB 4.89 billion in the six-month period.

Revenue from building material business and coal business declined 7.21% and 29.98% YoY to CNY 2.93 billion and CNY 185.01 million respectively. Meanwhile, that from property and pharmaceutical business reached CNY 615.62 million and CNY 379.96 million up 22.39% and 24.22% YoY respectively.

Source - China Knowledge

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