Flat Glass Group Co (HK:6865) has released an update.
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Flat Glass Group Co., Ltd. reported a significant decline in its financial performance for the third quarter ended September 30, 2024, with revenue dropping by 37.03% and net profit plummeting by 122.97% compared to the previous year. Despite these challenges, the company maintained a positive net cash flow from operating activities over the nine-month period. Stock market observers may find these figures concerning as they indicate substantial financial hurdles for the company.
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