Xinyi Glass Reports 9.7% Drop in Revenue and 59.6% Decline in Net Profit for 1H2025; EPS Falls 60.9%
Xinyi Glass Holdings Ltd. has reported its unaudited condensed consolidated interim results for the six months ended 30 June 2025. The company recorded a revenue of RMB 9,821.3 million, marking a 9.7% decrease from the RMB 10,881.7 million reported in the same period in 2024. Profit attributable to equity holders of the company also saw a significant decline, falling by 59.6% from RMB 2,509.3 million in 2024 to RMB 1,012.8 million in 2025. Earnings per share $(EPS)$ decreased to 23.25 RMB cents, down from 59.41 RMB cents reported in the same period last year, representing a 60.9% decline. The interim dividend per share was reduced to 12.5 HK cents, compared to 31.0 HK cents in the previous year, a decrease of 59.7%. Xinyi Glass Holdings Ltd. continues to engage in the production and sales of automobile glass, architectural glass, and float glass products, operating through production complexes in the People's Republic of China, Malaysia, and Indonesia. The company has not provided any specific outlook or guidance in the reported results.
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