Asia Medical Glass Plc., listed on the London PLUS exchange, reported a marginally higher full-year pretax profit, due to one-off costs of admission to the PLUS market, and said it expects underlying …
Asia Medical Glass Plc., listed on the London PLUS exchange, reported a marginally higher full-year pretax profit, due to one-off costs of admission to the PLUS market, and said it expects underlying growth to continue, given the current strength of the Chinese economy. The company posted a pretax profit of GBP 417,000 for the year to 31 December 2007, up from GBP 416,000 the previous year, on a 10.4% rise in revenues to GBP 4.406 million. The company said it will not pay a dividend for 2007. Asia Medical Glass Plc is the parent company of Hebei Zhongya Glass Company Ltd., a Chinese pharmaceutical glass manufacturer. Zhongya is the largest manufacturer of pharmaceutical glass packages and bottles in Hebei province.