HONG KONG (XFN-ASIA) - Zhejiang Glass Co Ltd said its first-half to June net profit is expected to be up over 100 pct from the year-earlier level, mainly due to high returns from its 78.69-pct owned unit Qinghai Soda Ash Co.
The company posted a net profit of 100.28 mln yuan in the first half of last year.
Zhejiang Glass shares today closed up 0.24 hkd or 5.22 pct at 4.84.