HK-listed Zhejiang Glass sees H1 net profit more than double yr-earlier level

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.

600450 HK-listed Zhejiang Glass sees H1 net profit more than double yr-earlier level glassonweb.com
Date: 24 July 2008
Source: Quamnet

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