Xinyi Glass (00868.HK) Issues Profit Alert: H1 Net Profit Attributable to Equity Holders Expected to Drop 55%-65% YoY

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Jul 18, 2025

Xinyi Glass (00868.HK) announced an anticipated 55% to 65% year-on-year decline in consolidated net profit attributable to equity holders for the first half of 2025, compared to RMB 2.5093 billion recorded in H1 2024. The profit warning attributes this decrease to three primary factors. Firstly, the Group's float glass segment experienced continued deterioration in revenue and gross profit during H1 2025, driven by a substantial decline in new property projects across China, persistently weak demand for float glass products, and ongoing price suppression within China's float glass market. Secondly, Xinyi Glass recognized reduced share of profits from its associate company Xinyi Solar Holdings Limited (00968.HK). Finally, the Group recorded increased impairment losses stemming from idle production facilities in China alongside higher disposal losses related to certain domestic manufacturing plants.

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Finally, the Group recorded increased impairment losses stemming from idle production facilities in China alongside higher disposal losses related to certain domestic manufacturing plants.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Xinyi Glass (00868.HK) Issues Profit Alert: H1 Net Profit Attributable to Equity Holders Expected to Drop 55%-65% YoY</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nXinyi Glass (00868.HK) Issues Profit Alert: H1 Net Profit Attributable to Equity Holders Expected to Drop 55%-65% YoY\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1036600163\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Stock News </p>\n<p class=\"h-time\">2025-07-18 19:28</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Xinyi Glass (00868.HK) announced an anticipated 55% to 65% year-on-year decline in consolidated net profit attributable to equity holders for the first half of 2025, compared to RMB 2.5093 billion recorded in H1 2024. The profit warning attributes this decrease to three primary factors. Firstly, the Group's float glass segment experienced continued deterioration in revenue and gross profit during H1 2025, driven by a substantial decline in new property projects across China, persistently weak demand for float glass products, and ongoing price suppression within China's float glass market. Secondly, Xinyi Glass recognized reduced share of profits from its associate company Xinyi Solar Holdings Limited (00968.HK). Finally, the Group recorded increased impairment losses stemming from idle production facilities in China alongside higher disposal losses related to certain domestic manufacturing plants.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK1589","symbol_name":"北水核心资产","start_time":0,"source_url":"","article_id":"1191919375","we_media_id":"1036600163","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1191919375","pubTimestamp":1752838119,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Stock News","introduction":"Global Stock News First-Time Broadcast","home_visible":1,"id":"1036600163","head_image":"https://community-static.tradeup.com/news/b3bf6d02ad1a6e9e7377eebbb162346a"},"summary":"Xinyi Glass (00868.HK) announced an anticipated 55% to 65% year-on-year decline in consolidated net profit attributable to equity holders for the first half of 2025, compared to RMB 2.5093 billion...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK1589":"北水核心资产","BK1500":"做空集合股","BK1594":"碳中和概念股","BK1105":"建筑产品","BK1554":"光伏太阳能股","00868":"信义玻璃"},"translate_title":"信义玻璃(00868.HK)发盈警：上半年权益持有人应占纯利按年跌55%-65%","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"00868":1},"content_text":"Xinyi Glass (00868.HK) announced an anticipated 55% to 65% year-on-year decline in consolidated net profit attributable to equity holders for the first half of 2025, compared to RMB 2.5093 billion recorded in H1 2024. 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