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Shanghai Yaohua Pilkington reports financial results

Shanghai Yaohua Pilkington Glass Group earnings highlights

Among the highlights of the reports were revenues of CNY 803.70 million and net earnings of CNY 184.00 million.
Gross margins widened from 13.37% to 14.80% compared to the same period last year. Operating (EBITDA) margins are currently -20.50% from -35.96%.
The change in operating cash flow of -33.33% compared to same period last year is about the same as the change in earnings and no significant movement in accruals or reserves is likely.
More details on the report can be found at http://en.sypglass.com/en/investor.html

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