2011-07-27 11:02 Publisher: CapitalVue
July 27 -- Suzhou Electrical Apparatus Science Academy (300215) posted a 72.18-percent year-on-year increase in net profit to 43.56 million yuan in the first half of 2011, reports National Business Daily, citing a company filing. The company posted sales revenue of 121 million yuan during that period, up 84.97 percent year-on-year. The company attributed the strong sales performance to increased high-voltage equipment testing services.
Electrical Apparatus Science Academy also announced a cash dividend of 10 yuan and a stock dividend of 10 shares for every 10 shares held.
Suzhou Electrical Apparatus Science Academy provides technical detection services for power transmission equipment, nuclear power equipment, electrical machines, marine electrical machines, vehicle electronic machines, and solar and wind power generation equipment.
Source:CapitalVue