Guangzhou Pharmaceutical H1 Net Profit Up 44.8%

Source: CapitalVue

Guangzhou Pharmaceutical posted a 44.79 percent year-on-year increase in first half net profit attributable to shareholders to 168.78 million yuan, according to a company filing. Earnings per share reached 0.208 yuan.

Operating revenue in the same period increased 19.96 percent year-on-year to 2.28 billion yuan.

Of the total, the company's pharmaceutical manufacturing business and trading business contributed revenue of 1.09 billion yuan and 862.26 million yuan, respectively.

The company had total assets of 4.52 billion yuan as of end June, up 7.09 percent from the end of 2009.

Shares of Guangzhou Pharmaceutical rose 2.17 percent to trade at 12.26 yuan at 11:12 am today.

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Editor: Jessie Huang