Taiwan Glass - Improved Profit Levels

For the first half of 1996, Taiwan Glass Industrial Corp. has reported that its profits rose 60.8% to NT$1.875bn, which represents NT$2.23 per share. Turnover rose to NT$5.367 bn from NT$4.95bn. A company statement said the firms first half turnover had reached 45.1% of its 1996 target and net profit in the first half accounted for 58.6% of its 1996 target.