For the first half of 1996, Taiwan Glass Industrial Corp. has reported that its profits rose 60.8% to reach NT$ 1.875 billion, which represented NT$ 2.23 per share. Turnover rose to NT$ 5.367 billion …
For the first half of 1996, Taiwan Glass Industrial Corp. has reported that its profits rose 60.8% to reach NT$ 1.875 billion, which represented NT$ 2.23 per share. Turnover rose to NT$ 5.367 billion from NT$ 4.95 billion. A company statement said the firm“s first half turnover had reached 45.1% of its 1996 target and net profit in the first half accounted for 58.6% of its 1996 target. For June alone, Taiwan Glass“ net profits stood at NT$ 444 million or NT$ 0.53 a share. The company is confident of achieving the annual profit target of NT$ 3.2 billion or NT$ 3.81 per share as a result of the increased production of higher-valued items resulting from its recent expansion projects.