Updated 2014-10-24
Tapai Group reported on October 20 its net profit for the nine months reached 494m yuan, a YoY increase of 168.54%. Basic earings per share was 0.55 yuan. During the first nine months, revenues amounted to 3150m yuan, a YoY increase of 26.16%.
The firm attributed the profit rise to production and sales valumes booming. Tapai Group said the net profit of 2014 is expected to grow by 50% to 100% to 601m to 801m yuan.