Grace Fabric Technology's H1 Profit Skyrockets Over 10,000%, Revenue Jumps 35%

MT Newswires Live2025-08-28

Grace Fabric Technology's (SHA:603256) net profit attributable to shareholders in the first half surged 10,587% to 87.4 million yuan from 817,526.77 yuan in the previous year, according to a Shanghai bourse filing on Thursday.

The Chinese glass fabric products' earnings per share soared 9,000% to 0.10 yuan from 0.001 yuan.

Operating revenue jumped 35% to 550.4 million yuan from almost 407.7 million yuan a year earlier.

The company's shares rose less than 3% at the close of Thursday's trade.

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