Sinopec Shandong Taishan Petroleum says profits up by 45%

Sinopec Shandong Taishan Petroleum Co. Ltd., a distributor of gasoline, diesel fuel and kerosene said that its net profit for the first half of 2011 reached RMB7.78 million (US$1.2 million), up 45.73% year-on-year. Gross revenue for the same period was RMB1.94 billion (US$303.3 million), up 28.33% year-on-year. (August 19, 2011)