TOP Glory International Holdings saw profits rise 30 per cent for the six months ended September 30 in figures heavily affected by exceptionals involving disposals.
Profit attributable to shareholders was $558.76 million, with earnings per share, on a fully diluted basis, rising 31 per cent to 28.2 cents.
A dividend of 10 cents, against one cent in the previous period, was announced.
Vice-chairman Zhou Biquan said: 'During the period under review, as a result of the receipt of proceeds from various disposals and profit entitlements, the group is in a sound cash-flow position to meet its existing commitments and funding requirements in respect of its various projects and investments.' China Foods Holdings saw a rise in profit of 460 per cent to $93.22 million in numbers affected by exceptionals.
At the operating profit level, the group showed a loss of $1.15 million, against a gain in the previous period of $50.36 million.
An exceptional of $79.34 million took the group's figures back into the black with the disposal of an associated company.
