FLAT GLASS (06865) has announced its financial results for the year 2025. The company reported revenue of approximately 15.567 billion yuan, representing a decrease of 16.68% year-on-year. Net profit attributable to owners of the parent company was approximately 981 million yuan, a decline of 2.58% compared to the previous year. Earnings per share stood at 0.42 yuan. The board has recommended a final dividend distribution of 0.15 yuan per share (pre-tax).

Revenue from photovoltaic glass amounted to approximately 13.986 billion yuan, down 16.83% year-on-year. The company attributed the pressure on its photovoltaic glass sales revenue to a significant year-on-year decrease in the average selling price of its products during the 2025 fiscal year. This price decline, which began in the second half of 2024, was driven by a combination of an imbalance between supply and demand in the photovoltaic industry and intense, "inward-rolling" competition.