Chinese Billionaire Cho Tak Wong's Auto Glass Flagship Says Profit Rose In 1st Qtr

Fuyao Glass Industry Group, the auto-glass manufacturing flagship of Chinese billionaire Cho Tak Wong, said Tuesday net profit in the first three months of 2014 gained 20% from a year earlier to $76 million. Revenue during gained 11.6% to $468 million. The company didn’t provide any analysis for the figures.