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Hsu Fu Chi International posts 50.5% rise in 2Q net profit to $49.2m

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Hsu Fu Chi International, the manufacturer and retailer of candies, pastries, chocolates, jellies, puddings and sachima, says net profit attributable to shareholders of the group for 2Q10 increased 50.5% to RMB 236 million ($49.2 million) compared to the previous corresponding period. For 1HFY10, the group’s net profit increased by 61.2% to RMB 329 million, compared to the previous corresponding period in which there was a foreign exchange loss of RMB 31 million.

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