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Research and Markets: Company Study of Fuhuan Group Co., Ltd., 2007 is Available Now

Posted on: Wednesday, 3 October 2007, 09:00 CDT

Research and Markets (http://www.researchandmarkets.com/reports/c70366) has announced the addition of "Company Study of Fuhuan Group Co., Ltd., 2007" to their offering.

After completing the assets replacement at the end of 2006, Fuhuan Group Co., Ltd considers electronic fiberglass cloth as its main industry and major investment projects such as electric power, Coca-Cola and PTA, etc as stable profit sources.

Fuhuan Group Co., Ltd., one of China's largest electronic fiberglass cloth manufacturers, is gradually releasing its production capacity. The estimated sales volumes from 2007 to 2009 will be 90 million meters, 100 million meters and 108 million meters respectively with revenue of RMB 482 million, 540 million and 589 million, up by 33.62%, 12.15% and 9% yr-on-yr. Influenced by kiln repair, in 2007, the proportion of outsourced yarns will ascend to 87% from 47%; and the gross profit margin will decline to 10.79%, which will rebound to 16.5% and 15.79% in 2008 and 2009 when self-owned kilns will be put into operation.

Jointly founded power plants are the major profit sources of the company. The newly-built No. 3 and No. 4 units were put into operation at the beginning of 2007, becoming the major driving force enabling 2008's operating performance to double. The installed capacity of power plants increased to 2.6 million kilowatts from 1.4 million kilowatts, up by 85%.

Topics Covered:

-Assets replacement of Fuhuan Group

-Analysis on electronic fiberglass cloth business

-Analysis on investment business

Companies Mentioned:

-Fuhuan Group Co., Ltd

For more information, visit http://www.researchandmarkets.com/reports/c70366

Source: Business Wire

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