Grinm Advanced Materials' H1 Profit Rises 41%, Revenue Jumps 50%; Shares Up 10%

MT Newswires Live08-05

Grinm Advanced Materials' (SHA:600206) net profit attributable to shareholders in the first half rose 41% to 183.3 million yuan from 130.1 million yuan a year earlier, according to a Wednesday filing on the Shanghai bourse.

Earnings per share also climbed year on year to 0.217 yuan from 0.154 yuan.

Operating revenue jumped 50% to 6.16 billion yuan from 4.10 billion yuan in the previous year.

The Chinese advanced materials manufacturer's shares jumped 10% during the afternoon trade.

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