The company's executive director and chief executive Tung Ching-sai said after a press conference that the selling prices of the group's float glass and solar glass products fell between the third quarter last year and the first quarter this year.The price level started to stay flat in the second quarter of 2012. Starting from the third quarter this year, the relatively stable demand brought the selling price upwards, bringing a positive impact to the gross margins. The gross margin of float glass rose to over 10% while that of solar glass also increased from 19.6% to above 20%.
Also, he said the group recorded satisfactorily higher gross margins in the construction glass and automobile glass segments, while the respective numbers of orders remain stable.
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