China Metal interim profit soars 64.93%

China Metal International Holdings<319> posted its interim results yesterday with net profit growth of 64.93%

Net profit for the six months ended Jun. 30, 2007 was US$15.465 million compared to US$9.377 million the period before. The period saw the company having stronger turnover of US$83.583 million, an increase of 50.88%. Earnings per share for the period were US$1.42 cents.

China Metal International Holdings, Inc. is a Hong Kong-based investment holding company. Its subsidiaries are principally engaged in the design, development, manufacture and sale of customized metal castings for use in various industries.