Changtian’s profit surges 54% in Q2
Revenue also climbed by 12%.
Mainboard-listed adhesive manufacturer Changtian Plastic & Chemical’s profit surged 54% in the second quarter of the year, the company reported today.
Its net profit for the period is pegged at RMB 2.03 million (S$412,889), a significant improvement fro 2Q13’s RMB 1.32m.
Changtian’s revenue also jumped 12% to RMB 31.96m, from RMB 28.53 in the same period last year. Earnings per share also climbed to 0.31 yuan cents.