Flat Glass' Q1 Profit Plunges 86%

MT Newswires Live

2025/04/30

Flat Glass Group (HKG:6865, SHA:601865) recorded an 86% decline in attributable profit in the first quarter to 106.1 million yuan from 759.9 million yuan in the year-ago period, a Tuesday Hong Kong bourse filing said.

Earnings per share fell to 0.05 yuan in the three months from 0.32 yuan in the same period last year.

The glass producer's revenue fell 29% to 4.08 billion yuan in the quarter from 5.73 billion yuan a year prior.

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