Luoyang Glass Co Ltd said it expects to see a return to profit for 2007 after incurring a loss of CNY 317.84 million for 2006.
It did not give any indication as to the size of expected earnings, but …
Luoyang Glass Co Ltd said it expects to see a return to profit for 2007 after incurring a loss of CNY 317.84 million for 2006. It did not give any indication as to the size of expected earnings, but cited an increase in the price of domestic float glass as one of the two major contributing factors for its return to profitability. It said gains from the sale of some of its assets also boosted its performance for the year.