ChengDu Hi-Tech Development H1 Profit Rises 14%; Shares Jump 10%

MT Newswires Live08-22

ChengDu Hi-Tech Development (SHE:000628) posted first-half attributable net profit of 66.9 million yuan, up 14% from 58.7 million yuan the previous year.

Earnings per share rose to 0.190 yuan from 0.167 yuan, according to a Friday filing with the Shenzhen bourse.

The construction and real estate company's operating revenue declined 17% year over year to 2.49 billion yuan from 3.02 billion yuan.

Shares of the company jumped 10% in recent trade.

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