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Republic Glass earnings sharply lower

Republic Glass Holdings Corp., based in the Philippines, reported a net loss of PHP 22 million in the first quarter ended 31 March 2001, versus a profit of PHP 15.6 million in 2000. Revenue was PHP 55…

Republic Glass Holdings Corp., based in the Philippines, reported a net loss of PHP 22 million in the first quarter ended 31 March 2001, versus a profit of PHP 15.6 million in 2000. Revenue was PHP 556.1 million versus PHP 535.7 million in 2000. Operating income was PHP 72.7 million in the first quarter versus PHP 83.7 million in the same period last year.

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