Huali Industrial (SHE:300979) posted first-half attributable net profit of 952.5 million yuan, down 43% from 1.67 billion yuan the previous year.
Earnings per share declined to 0.82 yuan from 1.43 yuan, according to Friday filings with the Shenzhen bourse.
Operating revenue declined 14% year over year to 10.9 billion yuan from 12.7 billion yuan.
The footwear manufacturer declared an interim dividend of 1.00 yuan per share.
Shares of Huali Industrial were down 3% Friday.
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