Date: 2013-07-31

Maanshan Fangyuan Slewing Ring 2010 Earnings Up 116%

March 22 -- Maanshan Fangyuan Slewing Ring (002147), a maker of slewing rings, posted a 116.31 percent year-on-year increase in 2010 net profit to 81.77 million yuan, with earnings per share of 0.35 yuan, reports 163.com, citing a company filing.

Revenue rose 56.88 percent to 448 million yuan.

The company plans to pay cash dividends of 1.5 yuan (pre-tax) for every 10 shares held.

Fangyuan

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