August 11 -- Fujian Hongbo Printing (002229) posted a 24.81-percent increase in net profits from the first half of 2011 to 31.25 million yuan, with earnings per share of 0.23 yuan, reports p5w.net, citing a company filing. Revenue jumped 32.81 percent year-on-year to 157 million yuan.

The listed company expects a 20- to 50-percent increase in net profit in first three quarters. Its net profit was 35.22 million yuan in the first three quarters of last year.

Fujian Hong Bo Printing prints commercial bills, lottery tickets, and certificates. The company also provides anti-counterfeiting services.

Source:CapitalVue