Hengli Hydraulic Posts Flat Profit in H1, Revenue Jumps 32%

MT Newswires Live
Aug 25

Jiangsu Hengli Hydraulic's (SHA:601100) attributable profit inched up 0.5% to 1.44 billion yuan from 1.43 billion yuan a year earlier, according to a Tuesday filing on the Shanghai bourse.

Earnings per share were unchanged year over year at 1.07 yuan.

Operating revenue jumped 32% to 6.83 billion yuan from 5.17 billion yuan.

The Chinese hydraulic cylinder manufacturer recommended a cash dividend of 3 yuan for every 10 shares.

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