SKSHU Paint H1 Profit Jumps 108%; Shares Slide 3%

MT Newswires Live08-18

SKSHU Paint (SHA:603737) posted first-half attributable net profit of 435.8 million yuan, up 108% from 210.0 million yuan the previous year.

Earnings per share rose to 0.59 yuan from 0.29 yuan, according to a filing with the Shanghai bourse.

The coating products manufacturer's operating revenue climbed 1.0% year over year to 5.82 billion yuan from 5.76 billion yuan.

Shares of the company fell 3% in recent trade.

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