03-26-2007 10:40

China's Fuyao Glass Industries Group, China's top vehicle glass maker, says its net profit would likely rise more than 50 percent year-on-year in the first quarter.

The company says it expects its earning to rise thanks to higher exports, return from new projects, and technological upgrade.

In December Fuyao approved a share placement deal with Goldman Sachs, worth up to 113 million US dollars.


Editor:Li Yang