Feb. 6, 2007 (China Knowledge) – China Milk Products Group <CMP> Tuesday reported a net profit increase of RMB 103 million, or 34.4%, for the third quarter of 2006 ending Dec. 31, 2006.

China Milk said that revenue increased by 44.2% to RMB 113.9 million, thanks to an increase in its internally-bred pedigree bull sires, from 212 in the previous quarter to the current number of 220.

China Milk, one of China’s largest companies that specializes in the production of pedigree bull semen, pedigree dairy cow embryos and raw milk, also announced that basic earnings per share has increased by 16.7% to RMB 0.14.