Jiuli Hi-tech Metals' H1 Profit Rises 28%, Revenue Climbs 26%

MT Newswires Live08-26

Zhejiang Jiuli Hi-tech Metals' (SHE:002318) net profit attributable to shareholders in the first half rose 28% to 827.5 million yuan from 644.1 million yuan a year earlier, according to a Shenzhen bourse disclosure on Tuesday.

The Chinese industrial stainless steel and special alloy pipes manufacturer's earnings per share increased by to 0.87 yuan from 0.87 yuan.

Operating revenue climbed 26% year on year to 6.11 billion yuan from 4.83 billion yuan.

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

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