Xinhaiyi's net profit increased by 10% in Q1 this year. Net profit in the first half of the year is expected to increase by 30%.

The total revenue of Xinhaiyi in 2012 was 198 million yuan, up 41.10% from the previous year's 140 million yuan; the net profit attributable to shareholders of listed companies was 22.21 million yuan, up 10.10% from the previous year's 2017 yuan; basic earnings per share 0.0629 yuan, an increase of 9.97% from 0.0572 yuan in the previous year.

Xinhaiyi said that the increase in operating income of Q1 this year was mainly due to the substantial increase in operating income of the parent company and its subsidiary Shenzhen Yisibo.

Xinhaiyi expects a net profit of 63.09 million yuan attributable to shareholders of listed companies from January to June 2012, which will increase by 30% over the same period of the previous year.

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