( China Glass Network ) China fiberglass material (600176) released pre-performance announcement on Wednesday night, the announcement indicates that the anticipated net profit in the first half year of 2011 will have more than fifty percent increase compared to same period last year. And the net profit of last first half year was 792.138 million yuan.
The company said that compared with the first half year of 2011, the global fiberglass material and composite industries maintained a sound development momentum. The sales and prices of glass products and fiber products had greatly been improved.
