Yantai China Pet Foods' Attributable Profit Rises 43% in H1; Shares Fall 4%

MT Newswires Live08-06

Yantai China Pet Foods' (SHE:002891) attributable profit rose 43% to 203.1 million yuan in the first half from 142.4 million yuan in the year-ago period, according to a Wednesday filing with the Shenzhen bourse.

Earnings per share at the pet food manufacturer grew 41% to 0.6771 yuan from 0.4802 yuan in the prior-year period.

Operating income increased 24% to 2.43 billion yuan from 1.96 billion yuan in the year-ago period.

Shares fell 4% during late morning trading on Wednesday.

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