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Unsatisfactory performance of China glass industry in 2008

Post Time:Feb 16,2009Classify:Industry NewsView:423

Purely from the performance, glass industry is unsatisfactory in 2008.

Except the 85% of dramatic increase of CSG Holding’s profit in 3Q 2008, there is no outstanding performance. Jinjing Group shrunk the 3Q profit by 10.41%, down to 140 million yuan; gross profit of SYP Glass reduced by 37% to 41.38 million yuan. What’s more, Fangxing Science & Technology lost huge gross profit by 135%.

Most of glass manufacturers have not made any announcement on the expected growth for the performance 2008.

Source: GlassInChinaAuthor: shangyi

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