Rubber producer China Hainan Rubber Industry Group (601118) recorded a 100.47 percent year-on-year rise in 2010 net profit to 572 million yuan, reports stcn.com, citing a company filing.
 
Basic earnings per share increased 100 percent to 0.18 yuan.
 
Sales revenue rose 69.01 percent year-on-year to 6.33 billion yuan.
 
The rubber producer reported a 136.73 percent year-on-year increase in first quarter 2011 net profit to 188 million yuan, with earnings per share of 0.048 yuan, up 89.37 percent.
 
The firm is about to inject 326 million yuan into three wholly-controlled subsidiaries.
 
The company announced cash dividends of 0.8 yuan (including tax) for every 10 shares held.
 

 

SOURCE: capitalvue.com
 
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