Xiuqiang Glasswork H1 Earnings Up 136%

   Date:2011/07/26     Source:

July 25 -- Jiangsu Xiuqiang Glasswork (300160) posted a 135.66-percent year-on-year increase in net profit to 50.88 million yuan in the first half of 2011, reports p5w.net, citing a company filing. Sales revenue climbed 41.59 percent year-on-year to 398 million yuan during that period, with earnings per share (EPS) of 0.54 yuan.

The Suqian-based company attributed the increase to higher production capacity of crystal glass as well as higher sales of solar cell encapsulated glass.
 

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