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Fuyao Glass sees 2007 net up 50%

China“s Fuyao Group Glass Industries Co Ltd, a major autoglass manufacturer, said it expects 2007 net profit to rise by more than 50% due to higher exports and efficiencies resulting from technology …

China“s Fuyao Group Glass Industries Co Ltd, a major autoglass manufacturer, said it expects 2007 net profit to rise by more than 50% due to higher exports and efficiencies resulting from technology upgrades. The company reported a net profit of CNY 607.22 million in 2006.

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