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.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.