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Taiwan Glass: revenues hit October high

October revenues at Taiwan Glass Industry totalled T$ 1.2 billion, a 208% improvement on October 1999 and the highest level in recent years.
Sales were also 3.3% up on those for September. Over the f…

October revenues at Taiwan Glass Industry totalled T$ 1.2 billion, a 208% improvement on October 1999 and the highest level in recent years. Sales were also 3.3% up on those for September. Over the first ten months of 2000, the firm generated total revenue of T$ 10.72 billion, up 28.7% on the corresponding period of 1999. Revenue from glass fibre cloth represented 47.7% of the October total. A November increase in glass fibre cloth prices to T$ 140-150 (2-3%) should result in higher profits for the fourth quarter.

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