$TJ DaRenTang USD (T14.SG)$ It expects its net profit attrib...

It expects its net profit attributable to owners of the parent in the first half to hit RMB703 m to RMB750 m, up 50% to 60% from a year ago.

The China-based pharmaceutical company attributed the expected rise in profit to a "steady increase" in sales revenue and gross profit of the products in the industrial sectors.

The operating performance of the associates also improved in H1, according to an after-market Fri filing.