BEIJING - Beijing-based train maker China CNR Corp., Ltd. (CNR) said Friday its net profit surged 145 percent year-on-year in the year's first half, and the company forecasts that a prior recall of its high-speed trains will not seriously hurt its annual results.

Net profit totaled 1.6 billion yuan (about $251 million) in the first half while revenues increased 61.8 percent year-on-year to 41.1 billion yuan, the Shanghai-listed company said in its semi-annual report.

A recall earlier this month of the company's high-speed trains used on the Beijing-Shanghai high-speed railway will not affect its purchase contracts with clients, said the CNR.

The manufacturer recalled 54 of its high-speed CRH 380BL trains over safety concerns following a fatal train crash in east China last month that left 40 people dead and 191 others injured.

The CNR said Friday it was not the producer of the trains involved in the accident, explaining that the recall was aimed at ensuring product quality and the safety of railway operations.

Before making the recall decision, the CNR had suspended the delivery of its CRH 380BL trains, saying the trains had flaws in their automatic braking systems.

The company has conducted thorough examinations on the recalled trains and the overhaul expenses are likely to affect this year's business results, but not in a serious way, said the CNR.

Sales of locomotives and passenger carriages brought in 21.5 billion yuan in revenues for the CNR in the first half, accounting for more than half of its total revenues.

Income from high-speed trains soared 189.9 percent year-on-year to 11.4 billion yuan in the first half, said the CNR.