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An update from Flat Glass Group Co ( (HK:6865) ) is now available.
Flat Glass Group Co., Ltd. has issued a profit warning, indicating a significant decrease in net profit for the first half of 2025 compared to the same period in 2024. This decline, ranging from 81.32% to 84.66%, is attributed to overcapacity in the PV industry, increased market competition, and internal challenges leading to reduced selling prices. Despite the profit drop, the company remains financially stable with a healthy balance sheet and continues to invest in technological advancements to strengthen its market position.
The most recent analyst rating on (HK:6865) stock is a Sell with a HK$7.50 price target. To see the full list of analyst forecasts on Flat Glass Group Co stock, see the HK:6865 Stock Forecast page.
More about Flat Glass Group Co
Flat Glass Group Co., Ltd. is a joint stock company based in the People’s Republic of China, primarily operating in the photovoltaic (PV) glass industry. The company focuses on producing PV glass and related products, maintaining a strong competitive edge in the sector through technological innovation and a prudent operational strategy.
YTD Price Performance: -5.13%
Average Trading Volume: 8,504,450
Technical Sentiment Signal: Sell
Current Market Cap: HK$39.75B
See more data about 6865 stock on TipRanks’ Stock Analysis page.