August 16 -- Luolai Home Textile (002293) posted a 64.57-percent year-on-year increase in net profit to 142 million yuan in the first half of 2011, reports Yicai.com, citing a company filing.

Sales revenue in the same period grew 51.59 percent year-on-year to 1.003 billion yuan.

The average growth rate of the company’s products was 28.15 percent. In particular, sales of standard sets (pillow, quilt, sheets) hit 429 million yuan, accounting for half of the company’s sales revenue.

Source:CapitalVue