Fuyao: Domestic Auto Glass Market Share Exceeds 65%

2023-01-17 15:55:18

Fuyao Group has become the largest professional supplier of automotive glass in the world.

Digital Building Materials DataBM. Com reported on January 17 that Fuyao Glass responded to investors on the interactive platform today that, according to the company's internal data, the company's market share in the global automotive glass industry in 2021 was nearly 31%, and its market share in China was over 65%.

It is reported that Fuyao Glass Fuyao's revenue in the third quarter of 2022 was 7.536 billion, up 34.34% year-on-year, and its net profit was 1.519 billion, up 83.77% year-on-year. Basic earnings per share was 0.58 yuan, up 81.25% year on year. Diluted earnings per share was 0.58 yuan, up 81.25% year on year. Total revenue in the first three quarters from January to September 2022 was 20.44 billion, up 19.16% year-on-year. The total operating cost was 15.962 billion yuan, an increase of 11.49% over the previous year. Gross margin was 21.9%, up 537 basis points. Among them, sales expenses were 960 million, an increase of 15.62%, management expenses were 1.548 billion, an increase of 10%, and R & D expenses were 890 million, an increase of 23.76%.

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Fuyao Group has become the largest professional supplier of automotive glass in the world.

2023-01-17 15:55:18

On January 15, 2021, Fujian Provincial Department of Industry and Information Technology announced the capacity replacement plan of Fujian Cement Co., Ltd. for the construction project of cement clinker production line with a daily output of 4500 tons, which was not organized and implemented for some reasons. Now the enterprise applies for the change of the announcement.