Jinjing Group Sees over 50% Reduce in Q1 Profit

Jinjing Group announced today that its net profit is predicted to reduce by more than 50 % year-on-year in Q1 2009. Jinjing Group earned 40,240,656.43 yuan of net profit in Q1 2008 with 0.14 yuan per share.

Affected by the global financial crisis, the company’s sales price and volume of float glass reduced in the first quarter.