TABLE-China's Fuyao Glass Q3 net profit down 30 pct

Sun Oct 26, 2008 7:06pm EDT
 
[-] Text [+]
 SHANGHAI, Oct 27 (Reuters) - Quarter ended Sept. 30.
 (in millions of yuan unless stated, against 2007 figures):
                                  2008               2007
 Turnover                        1,530.19    vs    1,392.71
 Net attributable                  169.12    vs      240.48
 Earnings per share (yuan)           0.08    vs        0.12
 Assets per share (yuan)             1.82    vs        3.20
 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, in the official Shanghai Securities
News on Monday.
 Fuyao Glass said its earnings in the third quarter fell mainly
because of rising bank interest payments after China raised
interest rates several times last year to cool its economy, which
has, however, slowed this year due to global financial crisis.
 ($1 = 6.8433 Yuan)
 (Reporting by Lu Jianxin)

 

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