China's Fuyao Glass Sees 2007 Net Up Over 50%

The company cited rising sales, the full coming onto line of new production facilities, and its development of technology making production more efficient.



Last year, the company made a net profit of 607.22 million yuan ($82.4 million). In the first nine months of 2007, profit climbed 45 percent from a year earlier to 657.18 million yuan.