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Luoyang Glass: To Swing To Net Profit In 2007
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Luoyang Glass Co. (1108.HK) said Tuesday it expects to have swung to a net profit last year on higher glass prices and asset disposals. It didn't give an estimate of its earnings.
The company posted a net loss of CNY317.5 million in 2006, according to Chinese accounting standards, it said in a statement.
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January 30th, 2008
Source: Morning Star |
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