GRGBanking Half-year Overseas Revenue Soars 591.90% on Annual Basis

GRG Banking Equipment Co., Ltd. (SZSE:002152) released financial results for first half of 2011 on August 29 inthe company's semi-annual report.

According to the report, overseas revenue of GRGBanking increases 591.90% year on year, to US$ 41.96 million (CNY 267,768,699.37). GRGBanking’s half-year profit rise to US$ 42.86 million (CNY 273,492,915.73), 6.82% increase compared to that of last year. Net profit attributable to shareholders grows 4.87% to US$ 36.17 Million (CNY 230,823,747.88) and EPS is US$ 0.08 (CNY 0.52), a surplus of 6.12% compared with the same period of 2010.