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

Post Time:Jul 22,2008Classify:Company NewsView:288

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.

(1 usd = 7.8 hkd; 6.5 yuan)

roby.lau@xfn.com

Source: Xinhua NewsfeedAuthor: admin

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