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Fu Yao Glass Co., Ltd. Will Sell Its Subsidiary Company

Post Time:Jun 25,2009Classify:Company NewsView:314

Today, Fu Yao Glass Co., Ltd. announced that up to March 31, 2009 its subsidiary company-Fu Yao Float Glass Co., Ltd. would be sold at the price of 450 million yuan including this subsidiary company’s fixed assets and intangible assets. It is estimated that the net profit of Fu Yao Glass Co., Ltd.’s will reduce 218.819 million yuan of in 2009.

Source: GlassInChinaAuthor: shangyi

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