Shanghai Highly's (SHA:600619) attributable profit surged 694% or about eightfold to 33.4 million yuan in the first half from 4.2 million yuan in the year-ago period.
Shares closed 7% higher on Monday.
Earnings per share at the building products manufacturer soared 697% to 0.03 yuan from 0.004 yuan in the prior-year period, according to a Saturday filing with the Shanghai bourse.
Operating income increased 13% year over year to 12.4 billion yuan from 11 billion yuan.
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