Xinyi Glass' Profit Slides 19% in 2025; Shares Surge 13%
MT Newswires Live
Yesterday
Xinyi Glass (HKG:0868) recorded a 19% decline in attributable profit for the year 2025 to 2.73 billion yuan from 3.37 billion yuan a year prior, according to a Feb. 27 Hong Kong bourse filing.
Shares of the glass manufacturing company were up nearly 13% in Monday afternoon trading.
Earnings per share stood at 0.6231 yuan in the year, down from 0.7923 yuan in the corresponding period of the last fiscal year.
The firm's revenue slipped 6.7% to 20.8 billion yuan from 22.3 billion yuan in the year-ago period.
The company declared a final dividend of HK$0.215 per share, payable to shareholders of record on June 8. The dividend is subject to shareholder approval.
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