Aug. 21, 2012 (China Knowledge) - CSG Holding Co Ltd<000012
>, a glass manufacturer and seller also engaged in solar power business, has announced that its net profit fell 70.62% YoY to RMB 246 million in the first half of this year.
Basic earnings per share were RMB 0.12 during the period, down 70% from the same period of last year, according to the company's interim report.
The company's operating revenue was RMB 3.35 billion in the first six months, down 24.63% from the corresponding period of last year.
CSG Holding expected that its net profit to drop between 59.46% and 68.47% YoY to between RMB 350 million and RMB 450 million in the first nine months of this year.