The net profit of Xinyi Glass in the first half of the year is expected to drop by 40%!

2023-06-25 10:42:34

Xinyi Glass issued a profit warning for the first half of the year

Recently, Xinyi Glass issued a profit warning for the first half of the year, and the company's net profit for the first half of the year is expected to decrease by 35% to 45%, that is, from HK $3.305 billion to HK $2.148 billion to HK $1.818 billion.

The main factor is that the demand for glass in the construction market is under pressure and the sales price is declining. As well as that overall average cost of energy and raw material.

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Correlation

Xinyi Glass issued a profit warning for the first half of the year

2023-06-25 10:42:34

On October 28, Conch Cement released the third quarter report of 2026. In the first three quarters of 2026, the operating income was 56.222 billion yuan, a year-on-year decrease of 8.58%; the net profit attributable to parent company was 2.743 billion yuan, a year-on-year decrease of 56.89%; the net profit deducted from non-profits was 2.009 billion yuan, a year-on-year decrease of 66.50%.