Xinyi Glass Announces First-Half Results with 16.9% Profit Growth, Declares 15 HK Cents Dividend
Stock News
Jul 31
XINYI GLASS (00868) has released its interim results for the 2026 financial year, reporting a revenue of approximately HK$9.521 billion, representing a 3.1% decrease compared to the same period last year.
The company's profit attributable to equity holders reached about HK$1.184 billion, marking a 16.9% year-on-year increase. Basic earnings per share stood at 26.76 cents, with an interim dividend of 15 HK cents per share declared.
The decline in revenue was primarily attributed to the continued drop in the average selling price of flat glass products since the first half of 2025, which led to a 5.2% reduction in revenue contribution from flat glass product sales compared to the same period last year.
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