News Column

China Fiberglass H1 Net Up 61%

August 19, 2014

SHANGHAI, August 19, SinoCast -- China Fiberglass (SHSE: 600176) reaped major business revenue of about CNY 2.83 billion in the first half of 2014, up 10% from a year earlier. Operating profit and net profit attributable to shareholders each rose 39.34% and 61.2% to about CNY 188.25 million and CNY 131.15 million. Basic EPS was CNY 0.1503.

It mainly attributed the operating revenue rise to increased sales volume rooted from an industrial recover.

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Source: Sinocast Machinery & Industrial Goods Beat (China)

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