China's Xinyi Glass HY profit rises 17% on lower finance costs

Xinyi Glass Holdings

31/07/2026 12:28

Overview
China glass manufacturer's half-year revenue declined 3.1% yr/yr
Profit attributable to equity holders rose 16.9% yr/yr
Basic EPS increased 15.1% yr/yr

Outlook
Group will continue to enhance its operational efficiency through the use of advanced technology,
AI
Group adopts a prudent and flexible strategy to navigate the competitive markets globally
Soda ash prices in 2026 are expected to remain stable in compare to 2025 due to increased supply in
China and overseas

Result Drivers
LOWER FINANCE COSTS - Reduced finance costs contributed to higher operating profit
REVERSAL OF IMPAIRMENT LOSSES - Reversal of impairment losses supported profit growth

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
RMB 9.52 bln
 

Analyst Coverage
The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 3 "hold" and 2 "sell" or "strong sell"
The average consensus recommendation for the construction supplies & fixtures peer group is "buy."
Wall Street's median 12-month price target for Xinyi Glass Holdings Ltd is HK$10.20, about 9.4% above its July 31 closing price of HK$9.32
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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July 31 - Switzerland's Holcim lifts 2026 outlook as H1 net sales rise 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)