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Ancai Hi-tech To Invest 460M Yuan In PV Glass Project

Post Time:Mar 09,2011Classify:Company NewsView:534

Henan Ancai Hi-Tech (600207) returned to profit in 2010, generating net profits of 32.61 million yuan, reports stcn.com, citing a company filing. The firm’s net profit in 2009 was 1.07 billion yuan.

 

Sales revenue grew 86.22 percent year-on-year to 1.26 billion yuan while basic earnings per share (EPS) were 0.07 yuan.

 

The Anyang-based company plans to invest 466 million yuan in the second phase of a photovoltaic solar glass project.

 

Color tube facilities in its colored glass factory ceased production, and related assets will be liquidated.

Source: http://www.capitalvue.com Author: shangyi

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