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China Glass Holdings Limited ( (HK:3300) ) has issued an update.
China Glass Holdings Limited has issued a profit warning, anticipating a net loss of up to RMB320 million for the first half of 2025, compared to a RMB137 million loss in the same period in 2024. This increased loss is attributed to a continued downturn in China’s real estate sector, a supply-demand mismatch in the photovoltaic industry, and macroeconomic uncertainties including geopolitical instability and currency exchange fluctuations, which have impacted the company’s overseas operations.
The most recent analyst rating on (HK:3300) stock is a Hold with a HK$0.50 price target. To see the full list of analyst forecasts on China Glass Holdings Limited stock, see the HK:3300 Stock Forecast page.
More about China Glass Holdings Limited
China Glass Holdings Limited is a company incorporated in Bermuda, primarily engaged in the production and distribution of glass products. The company operates in the architectural and photovoltaic glass markets, focusing on both domestic and international markets.
Average Trading Volume: 1,966,078
Technical Sentiment Signal: Sell
Current Market Cap: HK$488.4M
Find detailed analytics on 3300 stock on TipRanks’ Stock Analysis page.