FilingReader Intelligence
Flat Glass Group forecasts 82-85% profit decline
July 14, 2025 at 05:00 PM UTC•By FilingReader AI
Flat Glass Group expects net profit for the six months ended June 30, 2025, to fall to RMB230-280 million, down RMB1.22-1.27 billion year-on-year.
The 81-85% decline stems from plummeting PV glass selling prices due to overcapacity and intensified market competition, plus asset impairment provisions.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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HKEX:6865•Hong Kong Exchange
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