Dow Jones Newswires
China Beijing Yanhua 1H Net CNY99.6M Vs CNY44.7M
Beijing Yanhua Petrochemical Co. (BYH) - Beijing
1H To June 30:
All figures are in yuan (CNY).
1999 1998
After-Tax Profit CNY99,591,000 CNY44,673,000
Revenue 2,795,819,000 2,514,331,000
Per Share
Earnings 3.0 fen 1.3 fen
Half-Yr Div Omitted Omitted
($1=CNY8.2648)
HONG KONG -- Beijing Yanhua Petrochemical Co. (BYH) Tuesday
reported its net profit for the six months ended June 30 rose
123%, to 99.6 million yuan ($1=CNY8.277) from CNY44.7 million
a year earlier.
The chemical products and synthetic rubber manufacturer said
revenue increased slightly to CNY2.80 billion from CNY2.51
billion a year ago, while operating profit surged 116% to
CNY200.8 million from 93.0 million.
Earnings per share was 3.0 fen, compared with 1.3 fen the
previous year.
The Chinese state-owned company, whose H-shares are listed
in Hong Kong, didn't pay a half year dividend. |
