Angel Yeast's (SHA:600298) attributable profit rose 16% to 799.4 million yuan in the first half from 691.1 million yuan in the year-ago period, according to a Friday filing with the Shanghai bourse.
Earnings per share at the yeast manufacturer grew to 0.93 yuan from 0.80 yuan in the prior-year period.
Operating income increased 10% to 7.90 billion yuan from 7.17 billion yuan in the year-ago period.
Shares surged 8% during late morning trading on Friday.
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