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China Specialty Glass AG Maximiliansplatz 15 80333 München, Germany http://www.csg-ag.de
Contact Mr Dr. Kay Baden +49 40 60918639
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China Specialty Glass AG

China Specialty Glass AG: Negative one-off effect impacts 2012 results

(PresseBox) (Munich, )
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- Revenues exceed expectations
- One-off effect resulting from a convertible loan has negative impact on EBT and net profit
- Publication of Annual Report 2012 on July 15

The 2012 financial results of China Specialty Glass AG ("CSG"), holding company of one of the largest producers of security glass in China, are impacted by a negative one-off effect of 12.5 million Euros. This one-off effect resulted from losses arising from the initial recognition of the convertible loan fair value as well as the convertible components fair value primarily due to the fact that the interest rate of the loan is higher
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The publisher indicated in each case (see company info by clicking on image/title or company info in the right-hand column) is solely responsible for the stories above, the event or job offer shown and for the image and audio material displayed. As a rule, the publisher is also the author of the texts and the attached image, audio and information material. The use of information published here is generally free of charge for personal information and editorial processing. Please clarify any copyright issues with the stated publisher before further use. In case of publication, please send a specimen copy to service@pressebox.de.