Red Avenue New Materials Group Co., Ltd. Full Year Profit Climbs

India, April 17 -- Red Avenue New Materials Group Co., Ltd. (603650.SS) released earnings for its full year that Increased, from last year

The company's earnings came in at RMB562.549 million, or RMB0.93 per share. This compares with RMB516.772 million, or RMB0.86 per share, last year.

The company's revenue for the period rose 4.8% to RMB3.428 billion from RMB3.270 billion last year.

Red Avenue New Materials Group Co., Ltd. earnings at a glance (GAAP) :

-Earnings: RMB562.549 Mln. vs. RMB516.772 Mln. last year.-EPS: RMB0.93 vs. RMB0.86 last year.-Revenue: RMB3.428 Bln vs. RMB3.270 Bln last year.

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Published by HT Digital Content Services with permission from RTT News....