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Shanghai Bairun Flavor and Fragrance Posts Positive Financials

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According to Chinese financial intelligence website CapitalVue, the website www.p5w.net is reporting Chinese F&F company Shanghai Bairun Flavor and Fragrance, a producer of food and tobacco flavorings, posted a 17.23% year-on-year increase in the first half 2011 for a net profit of 20.54 million yuan, with earnings per share of 0.29 yuan, per a company filing. The site also reports that the company plans to distribute cash dividends of four yuan for every 10 shares held, and it is also expecting a 10–25% increase in net profit for the first three quarters of 2011.

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