August 17 – Beijing Toread Outdoor Products (300005) posted a 72.37-percent year-on-year increase in net profits from the first half of 2011 to 43.53 million yuan, reports p5w.net, citing a company filing. Earnings per share hit 0.16 yuan as sales revenues hit 249 million yuan, up 61.89 percent year-on-year.

The outdoor apparel manufacturer predicts its net profits for first three quarters could grow between 50 and 100 percent year-on-year.

Source:CapitalVue