Brief: Xinyi Glass Declares Interim Dividend of 26 HK Cents Per Share

Xinyi Glass Holdings

31/07/2023 12:27

July 31 (Reuters) - Xinyi Glass Holdings Ltd  0868.HK :
    * HY REVENUE HK$12,621.2 MILLION VERSUS HK$13,649.4 MILLION
    * HY  PROFIT ATTRIBUTABLE HK$2,147.9 MILLION VERSUS
HK$3,304.9
MILLION
    * DECLARED INTERIM DIVIDEND OF 26.0 HK CENTS PER SHARE
    * PRICES FOR SODA ASH ARE EXPECTED TO BE WEAKEN AND
MAINTAINED AT
LOW LEVEL IN 2023
    * CAUTIOUSLY OPTIMISTIC ON PROSPECTS FOR FLOAT GLASS MARKET
IN
2023
    * WILL CONTINUE TO EXPLORE MORE OPPORTUNITIES ON NEW SOURCE
OF
SILICA SAND AND RAW MATERIALS  IN ASIA IN FUTURE
    * CAUTIOUSLY OPTIMISTIC ON MOVEMENTS OF AVERAGE SELLING
PRICES FOR
FLOAT GLASS MARKET IN PEAK SEASON IN SECOND HALF OF 2023
    * OPTIMISTIC ON CONTINUOUS DEVELOPMENT OF GROUP'S AUTOMOBILE
GLASS
AFTERMARKET BUSINESS IN GLOBAL MARKETS

Further company coverage:  0868.HK 

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