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rise-of-yingde-gases-continues
rise-of-yingde-gases-continues

Rise of Yingde Gases continues

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Yingde Gases Group has announced its interim results for the six months ended 30th June 2014, with turnover rising 15% over the comparable period last year, to RMB 3.6bn ($584m).

In addition to a 15.3% rise in turnover, first-half 2014 saw the group register profit attributable to equity shareholders of RMB 407m ($66m). The group remains in a ‘stable position’ with cash at bank and in hand of RMB 666m ($108m).

As of 30th June 2014, Yingde Gases had a total of 61 facilities in operation and a further 38 facilities under development. The total installed capacity amounted to

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