Fuyao’s Net Profit Up 55.01%

Fuyao Group Glass Industries Co. Ltd. , a major auto glass producer in mainland China, has announced a net profit increase of 55.01% to RMB 607.22 million.

In its annual report filed to the Shanghai Stock Exchange, the firm said revenue in 2006 was RMB 3.88 billion, up 33.42%, with about 75% derived from the sales of windshields and the rest from the sales of float glass.

Earnings per share surged to RMB 0.61 from RMB 0.39.

The company said income from the international original equipment manufacturer business surged 103.18% in 2006, adding that these operations will be expanded in 2007.

Read the entire news on the source link below.

600450 Fuyao’s Net Profit Up 55.01% glassonweb.com
Date: 6 March 2007
Source: Chinaknowledge.com

See more news about:

See more from these topics:

Others also read

As the world leading 100% fully tempered vacuum insulated glass, LandVac ensured the successful development of a military project.
Kohn Pedersen Fox (KPF) proudly supported the opening of MGM COTAI on Tuesday, February 13 2018. The resort is the latest addition to the MGM portfolio in Macau.
With various features including light weight, thin thickness, clear transparency, high safety, and extensive use in many aspects of building construction without regional limitation, LandVac has been well received by consumers.
As the launch pad for new products and technologies on window, door and facade in China, the 24th Windoor Expo will take place in Guangzhou from March 11 to March 13, 2018.
Considering the use of energy-saving glass as the determinant of a building’s power conservation, vacuum insulated glass currently offers the most outstanding performance in energy-saving. Among them, LandVac® is one of the best.
Recently, LandGlass is successfully selected into the list of the Innovative Large Enterprises of the City by the department of science and technology in Luoyang.

From industry

No. 160 Yichuan Rd.,
Jiaonan Shi
Qingdao Shi
Shandong Sheng, 266000

Add new comment