Xinyi Glass Reports Mixed Mid-Year Financials

Xinyi Glass Holdings (HK:0868) has released an update.

Xinyi Glass Holdings Limited reported a decline in revenue by 6.4% for the first half of 2024 compared to the previous year, while profit attributable to equity holders surged by 27.1%. The earnings per share increased by 24.0%, with the interim dividend per share also seeing a rise from the previous year. Despite the dip in revenue, the company’s overall profitability improved, showing resilience in their financial performance.

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