August 9 – Fujian Sanmu Group (000632.SZ) recorded an 11.66-percent year-on-year surge in net profits for the first half of 2011 to 14.95 million yuan, reports p5w.net, citing a company filing. Sale revenues grew 26.05 percent year-on-year to 2.04 billion yuan.

The company’s international trade business grew, while its real estate division suffered, reportedly due to less favorable macroeconomic policy adjustments.

Source:capitalvue