Home > News > Company News > Ruitai Technology net profit increased slightly by 0.8%, Optimistic about resumption of production of glass production line boost

Ruitai Technology net profit increased slightly by 0.8%, Optimistic about resumption of production of glass production line boost

Post Time:Oct 23,2009Classify:Company NewsView:274

Ruitai Technology, whose refractoriness are mainly use in glass furnace,  stopped over 40 glass production lines in the former phrase, due to the global financial crisis. Flat glass production in the country from January to August increased by only 0.9%, which has not yet recovered to pre-crisis more than 10% of the normal level of growth, a drag on demand for the glass furnace refractoriness. Under the background of the low price of the main raw material aluminum, the company strengthens energy-saving and cost management. Product gross margin for the first three quarters reached 30.43%. Glass production line will boost demand for products re-production. Flat glass industry, the major upstream and downstream investment in real estate sales and turned back to the high demand growth. The first 8 months, glass has maintained a continuous upward trend in prices. Glass industry profitability improvements will stimulate the enthusiasm of the glass companies, boosting demand for glass furnace refractoriness.

Source: GlassInChinaAuthor: shangyi

Related News

Hot News

返回顶部