Guangzhou Automobile Group said its net profit in the first half of this year more than tripled as it benefitted from the Chinese government's incentives which propelled car sales.
China Pharmaceuticals Inc, one of China's leading manufacturers and distributors of prescription and over-the-counter pharmaceuticals, announced a record $10.4 million in revenue for the second quarter this year, a 105 percent increase year-on-year.
Total income of 1,947 companies listed on the Chinese mainland jumped 41.17 percent in the first half of this year, and 390 of them have estimated that their profit would grow in the first three quarters in their preliminary reports.
China's Shanghai Stock Exchange and Shenzhen Stock Exchange required all listed companies to disclose their interim financial results before August 31, 2010.