Emirates Glass marks 50% rise in sales for first three quarters of 2012

Emirates Glass LLC (EGL), one of the region's leading processors of premium architectural flat glass products and a subsidiary of Glass LLC, wholly owned by Dubai Investments (DI), reported a 50% increase in sales up to the third quarter of 2012, as compared to the same period last year.

Emirates Glass has attributed the rise in sales to the increase in local and international demand for high quality glass.Earlier, the company had forecasted a positive turnaround in the industry, setting a sales target of Dhs200m for the year ending December 2012.

Ziad Yazbeck, Senior Vice-President, Sales and Marketing, Glass LLC, said, "Our sales target was set taking into account a number of influencing factors on a global level and those that are unique to this region.

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600450 Emirates Glass marks 50% rise in sales for first three quarters of 2012 glassonweb.com

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