XINYI GLASS Reports 2025 Financial Results with 19% Decline in Net Profit

Stock News

Feb 27

XINYI GLASS (00868) has announced its financial results for 2025. The company reported revenue of approximately 20.829 billion yuan, representing a decrease of 6.7% compared to the previous year. Profit attributable to equity shareholders was 2.729 billion yuan, a decline of 19% year-on-year. Basic earnings per share were 62.31 cents, and the board has proposed a final dividend of 21.5 Hong Kong cents per share.

The decrease in revenue was primarily attributed to lower average selling prices for float glass products in both the Chinese and overseas markets, coupled with a decline in sales volume for architectural glass products. The increase in revenue generated from automotive glass product sales was mainly due to new purchase orders from Chinese automobile manufacturers and the proactive, flexible marketing strategies employed for customers in both domestic and international aftermarket sales.

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The company reported revenue of approximately 20.829 billion yuan, representing a decrease of 6.7% compared to the previous year. Profit attributable to equity shareholders was 2.729 billion yuan, a decline of 19% year-on-year. Basic earnings per share were 62.31 cents, and the board has proposed a final dividend of 21.5 Hong Kong cents per share.</p>\n<p>The decrease in revenue was primarily attributed to lower average selling prices for float glass products in both the Chinese and overseas markets, coupled with a decline in sales volume for architectural glass products. 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The company reported revenue of approximately 20.829 billion yuan, representing a decrease of 6.7% compared to the previous year. Profit attributable to equity shareholders was 2.729 billion yuan, a decline of 19% year-on-year. Basic earnings per share were 62.31 cents, and the board has proposed a final dividend of 21.5 Hong Kong cents per share.</p>\n<p>The decrease in revenue was primarily attributed to lower average selling prices for float glass products in both the Chinese and overseas markets, coupled with a decline in sales volume for architectural glass products. 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