TABLE-China's Fuyao Glass H1 net rises 5.4 pct
Aug 11 (Reuters) - Six months ended June 30,2008
(in millions of yuan unless stated, against 2007 figures):
2008 2007
Turnover 2,897.74 vs 2,272.84
Net profit 440.31 vs 416.70
Earnings per share (yuan) 0.22 vs 0.21
Assets per share (yuan) 1.73 vs 3.52* * Assets per share figure for 2007 is as of the year-end.
Company: Fuyao Group Glass Industries Co Ltd (600660.SS),
based in the southeast Chinese province of Fujian, is China's top
automotive glass maker.
Note: The company published unaudited results, compiled under domestic accounting standards, on Monday.
Fuyao Glass said the rising price of oil and raw materials contributed to a 35.4 percent rise in operating costs for the period.
The company said it aimed for full-year turnover of 6.3 billion yuan ($918.7 million), noting a slowdown in growth of the domestic auto industry and weakness in the property sector. It posted turnover of 5.17 billion yuan in 2007, up 31 percent from the previous year. ($1=6.857 Yuan) (Reporting by Edmund Klamann in Shanghai; editing by Jonathan Hopfner)
© Thomson Reuters 2009 All rights reserved



