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.
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.
