Concrete Video: Sifang New Material: Expected loss of about 300 million yuan in 2025

2026-01-28 17:18:13

On January 26, Sifang New Material announced that it expected a net profit loss of about 300 million yuan and a revenue of about 1 billion yuan in 2025, with a year-on-year increase in losses.

On January 26, Sifang New Material announced that it expected a net profit loss of about 300 million yuan and a revenue of about 1 billion yuan in 2025, with a year-on-year increase in losses. As the new construction area of real estate in Chongqing dropped by 29.4%, the company's commercial mixed demand dropped sharply, sales fell short of expectations, while the cost of raw materials fell lower than price, resulting in a decline in gross profit margin, affecting the company's profitability. 

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On January 26, Sifang New Material announced that it expected a net profit loss of about 300 million yuan and a revenue of about 1 billion yuan in 2025, with a year-on-year increase in losses.

2026-01-28 17:18:13

From January to February 2026, the statistics of flat glass production in all parts of the country show that the cumulative output of flat glass in the whole country shows a certain trend. The cumulative output of flat glass in China decreased by 3.50% year on year. Among the regions, the output of Chongqing increased by 45.09% year-on-year, while the output of Yunnan decreased by 66.38% year-on-year. In some areas, such as Beijing, Shanghai and Qinghai, the yield data are missing. The output of other regions increased or decreased year on year, reflecting the differences in the production of flat glass in different regions.