GOME Electrical Appliances Reports 30% Rise In First-Half Net Profit

GOME Electrical Appliances Holding Ltd

reported a 30% rise in its first-half net profit. GOME Electrical Appliances' net profit for the period climbed to CNY1.25 billion, from CNY962.3 million, in the year-ago period. Its revenue surged 19.8% to CNY29.81 billion from CNY24.87 billion. The company recommended a first-half dividend of CNY0.022. GOME Electrical Appliances shares closed at $41.95 on Friday.