XTC New Energy Materials (SHA:688778) posted first-half attributable net profit of 306.9 million yuan, up 28% from 240.2 million yuan the previous year.
Earnings per share went up to 0.61 yuan from 0.57 yuan, according to a Thursday filing with the Shenzhen bourse.
The solar wafer manufacturer's operating revenue rose 18% year over year to 7.53 billion yuan from 6.38 billion yuan.
Shares of the company fell nearly 6% in recent trade.
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