August 26, 2010

Yurun Food's H1 net profit shows increase

China Yurun Food Group recorded a 55.7% on-year rise in first half net profit attributable to shareholders to HK$1.31 billion (US$168 million), according to a company filing.

Earnings per share reached HK$0.762 (US$0.098). Operating revenue in the same period jumped 49% on-year to HK$8.69 billion (US$1.12 billion).

The company had net assets of RMB11.68 billion (US$1.72 billion) as of end June, up RMB3.28 billion (US$482 million) from the end of 2009.