August 17 -- Dalian Dayang Trands (600233) a maker of men's suits and women's clothing, posted a 20.99 percent year-on-year fall in first half 2011 net profit to 39.34 million yuan, with earnings per share of 0.2384 yuan, reports p5w.net, citing a company filing.

Sales revenue fell 12.88 percent year-on-year to 376 million yuan.

According to the company, a fall in output, and increases in production cost and taxes led to the drop in earnings.

Source:CapitalVue