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Fuyao Glass Industry's Attributable Profit Slides 20%; Shares Rise 3%

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Fuyao Glass Industry's (SHA:600660, HKG:3606) attributable profit fell nearly 20% to 4.64 billion yuan in the first half from 5.79 billion yuan in the year-ago period, according to a Wednesday filing with the Shanghai Stock Exchange.

Earnings per share at the glass manufacturer decreased to 1.52 yuan from 1.84 yuan in the prior-year period.

Operating revenue grew 2.4% year over year to about 22.0 billion yuan from 21.4 billion yuan.

The company declared a dividend of 1 yuan.

Shares in the glass company rose 3% in Shanghai and Hong Kong during morning trading on Wednesday.

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