Posts tagged inflation

Some investors questioned the company waterline “meat” too early, missing the first half of the market price has risen a good time. concluded        end of last year, four large amount Fuyao money to build the water line, this 4Vendu 2 of them were moved to another production line, the company committed “meat” of the market float line as ” tons of production capacity “of the wise. But how to pick up the real estate market, prices rose float glass, now close at the highest level years dernier.        interim report of the company yesterday, always run two lines of higher gross margin for floating the company on a population. Some investors questioned the company waterline “meat” too early, the stock price rose during the first half of a good time.        missed Float Glass-rise in gross margin        Fuyao Center Daily News revealed that the first half of the company’s gross margin of 38.47%, up from 33.62% over the last years was 4.85%, the gross margin primarily due to the company gross margin float 23.35%, 14.76% increase last year’s 8.59%. Company explained that float The increase in gross margin benefits of float glass by the completion of the four lines in the glass production of structural business statistics change and soda buildings, the price of heavy oil tombé.        As the housing market pick up, developers the accelerated construction schedule this year, the prices to increase since the float glass, is now approaching the highest level of the previous year. C is on the recovery of the property market stimulated demand for glass, coupled with the reduction of capacity, raw material prices are still low, the float glass price rose 50% since the trough. United Title Analyst Zhou Huan expected that the price of float glass should rise further and cross the high point in 2007, with the ability to completely let go of glass price to continue in the fourth quarter will cease.         error “your ability” or to do?         Six months after the third quarter of last year, the economy of domestic float glass, the company declined to Shuangliao Jilin, Fuqing, Fujian flow, Hainan Chengmai three basic four float lines, a total of up to 418 million yuan assets minus the value of the company for the sharp decline in the performance took place years dernier.        The company waterline “meat”, the company said in the report by mid-year, following the closure last year with the management of the Group 4 float, effectively and avoid the risk of architectural glass market, the subsidiary in the period Fuyao Hainan Float Glass Co., Ltd. 4.5 billion price of Air China and Hainan Special Glass Technology Co., Ltd. reached two production lines of transfer float around and other agreements relating to the assets, and float in the period for providing the transfer of assets for impairment Hainan 215 million of corporate development monitoring business travel light, while the distribution of funds between the main window of the car to . focus “       ” I do not agree on the underside of the approach of the “meat” and the attitude of society in the light! “An investor in the” Daily Economic News “, told reporters that before a few years the company has invested heavily in the construction of the line float glass production do many investors do not agree with this approach to address the global financial crisis last year, the company again in the bottom of the “meat” approach also discutable.        An industry representative said this, the appropriateness of this decision is still waiting also said the China Merchants Securities analyst Wang Sheng Liu at the “Daily Economic News” journalist. “First, the press is not in their own society familiar with the construction of float glass in the region, we would not be optimistic now, companies are struggling to retire and at short notice on the main market attack glass automotive, result in the loss of value but in the long term, which is itself positively to the development of a company! ”
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