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Fuyao Glass halts two production lines

Post Time:Nov 12,2008Classify:Industry NewsView:201

Fuyao Glass Industry Group Co., China's largest automotive glass maker, will halt two building glass production lines due to falling market demand, and will be unlikely to reach its net-profit growth target this year as car sales slow down, according to a recent Huliq News report. Previously, the company had expected to have a net profit of more than 1 billion yuan ($146.3 million) this year.

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Source: http://www.glassmagazine.com/news-item/commercial/fuyao-glass-halts-two-production-linesAuthor:

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