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Xinyi Glass Improved the Business Environment and got better profits

Post Time:Sep 08,2009Classify:Company NewsView:227

Xinyi Glass sales of the first half year was reduced 13.6%, 1.628 billion yuan less than the same phrase in last year. The net profit was fell 44% into 225 million. The main reason was that the price and the supply and demand got fell down. However, helped by the states economic stimulus measures, the order had become more and more from the end of the first season. The manager of the group said that all types glass orders were rich in July and August. Architectural glass orders could fulfill the demand of the group during this year. The business environment has been improved.
 

Source: GlassInChinaAuthor: shangyi

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