Brief: Xinyi Glass Posts FY Revenue HK$26,798.5 Million

Xinyi Glass Holdings

28/02/2024 10:13

Feb 28 (Reuters) - Xinyi Glass Holdings Ltd  0868.HK :
    * FY REVENUE HK$26,798.5 MILLION VERSUS HK$25,746.0 MILLION
    * FY PROFIT ATTRIBUTABLE HK$5,365.1 MILLION VERSUS
HK$5,127.2
MILLION
    * PRICES FOR SODA ASH ARE EXPECTED TO BE WEAKEN AND
MAINTAINED AT
LOW LEVEL IN 2024 AS COMPARED TO 2023
    * PROPOSED FINAL DIVIDEND 37.0 HK CENTS PER SHARE
    * CAUTIOUSLY OPTIMISTIC ON PROSPECTS FOR FLOAT GLASS MARKET
IN
2024
    * OPTIMISTIC ON CONTINUOUS DEVELOPMENT OF GROUP'S AUTOMOBILE
GLASS
AFTERMARKET AND OEM BUSINESS IN 2024

Further company coverage:  0868.HK 

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