Luoyang Glass Operated income 123 million yuan, with honors the 60th anniversary of the founding

Luoyang Glass Group intensified reform, strengthened enterprise management, optimized structural adjustment and speeded up development of new products, having achieved marked results. The operating income reached 123 million yuan in August.

As a result of the international financial crisis, China glass industry was in the Doldrums. Product sales and prices have declined substantially. The Luoyang Glass’s production and operation was severely affected. Facing with the tough market conditions, Luoyang Glass intensified reform, strengthened enterprise management, optimized structural adjustment and speeded up development of new products. In the end, the group made itself out of the trough and went into the healthy development track.