, Singapore

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.

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