Bureau of Statistics: Profits of industrial enterprises above the national scale increased by 4.3% from January to March 2024
According to data released by the National Bureau of Statistics, from January to March, industrial enterprises above the national scale achieved a total profit of 1505.53 billion yuan, an increase of 4.3% over the previous year; of these, private enterprises achieved a total profit of 367.97 billion yuan, an increase of 5.8%.
中國玻璃:二零二三年報
Huayi Tencent Entertainment Makes Various C-Level Changes
Huayi Tencent Entertainment (HKG:0419) has hired Zhao John Huan as its chairman and non-executive director effective today, Wednesday, a same-day filing on the Hong Kong bourse stated. Zhao currently
The value added of industries above scale in China increased 4.5% year-on-year in March
In March, the value added of large-scale industries actually increased by 4.5% year-on-year.
China Glass Swings to 2023 Loss on Lower Float Glass Prices
China Glass Holdings (HKG:3300) swung to an attributable loss in the year ended Dec. 31, 2023, despite higher revenue, according to a Tuesday filing with the Stock Exchange of Hong Kong. The glass pro
China Glass (03300.HK) revenue of 5.308 billion yuan in 2023 increased 23% year-on-year
Gelonghui, March 26, 丨 China Glass (03300.HK) announced that for the year ended December 31, 2023, the Group's revenue was RMB 5.308 billion, an increase of about 23% over the previous year. The Group lost approximately RMB 487 million, a significant decrease from the 2022 annual profit of approximately RMB 102 million. Loss of RMB 24.3292 per share. Losses are mainly affected by the following combination of factors: (1) China's real estate industry continues to recession cycle, causing float glass market prices to be at a low level; (2) market prices of major raw materials and fuel materials fluctuate at a high level; (
China Glass (03300) announced annual results, shareholders' equity losses of 410 million yuan, year-on-year profit and loss
According to the Zhitong Finance App, China Glass (03300) announced its annual results for the year ended December 31, 2023. The group achieved revenue of 5.308 billion yuan (RMB, same below) during the period, an increase of 22.66% over the previous year; loss attributable to equity shareholders was 410 million yuan, profit due to shareholders during the same period last year, profit of 116 million yuan, year-on-year profit and loss; basic loss per share was 24.3292 points. According to the announcement, the increase in revenue was mainly due to a combination of factors such as an 11% decrease in the average annual sales price compared to last year and a 41% increase in sales volume compared to last year.
CHINA GLASS: ANNUAL RESULTS ANNOUNCEMENT FOR THE YEAR ENDED 31 DECEMBER 2023
China Glass to Swing to 2023 Loss
China Glass Holdings (HKG:3300) expects a loss of up to 500 million yuan for the year 2023, as compared to a profit of around 102 million yuan in 2022, a filing posted on the Hong Kong bourse on March
Changes in Hong Kong stocks | China Glass (03300) continues to rise by more than 6%, and the company expects to achieve annual losses of no more than 500 million yuan, year-on-year profit and loss
China Glass (03300) continued to rise by more than 6%. As of press time, it rose 6.94% to HK$0.77, with a turnover of HK$4.65 million.
Featured announcements | Fuyao Glass's net profit in 2023 increased 18.37% year on year; passenger occupancy rates of the three major airlines all recovered to more than 80% in February
Meitu's adjusted net profit in 2023 was about 370 million yuan, up 233.2% year on year; Longhu Group's total contract sales amount for February was 5.75 billion yuan.
China Glass (03300.HK) Profit Alert: Expected loss of no more than 500 million yuan in 2023
Gelonghui, March 15 | China Glass (03300.HK) announced that the Group expects to record a loss of no more than RMB 500 million for the year ended December 31, 2023, while the Group recorded a net profit of approximately RMB 102 million for the year ended December 31, 2022. This loss was mainly affected by the following combination of factors: (1) China's real estate industry continued to recession, causing float glass market prices to be at a low level; (2) high price fluctuations in major raw materials and fuel materials markets; (3) ongoing geopolitical conflicts and global inflation, leading to large fluctuations in currency exchange rates in some countries and regions
CHINA GLASS: PROFIT WARNING
Changes in Hong Kong stocks | China Glass (03300) surged more than 18% in early trading to compete for land to build a photovoltaic glass production line
China Glass (03300) surged more than 18% in early trading. As of press release, it had risen 18.52% to HK$0.64, with a turnover of HK$1.46 million.
China Glass (03300.HK) spent 507.33 million yuan to compete for land use rights in Horqin Zuoyi Houqi Industrial Park in Tongliao City, Inner Mongolia
Gelonghui, March 13 | China Glass (03300.HK) announced that Tongliao China Glass, an indirect wholly-owned subsidiary of the company, has successfully bid for land use rights in the Horqin Left Wing Houqi Industrial Park in Tongliao City, Inner Mongolia, China in a public tender. On March 13, 2024, Tongliao China and Horqin's left-wing Houqi Natural Resources Bureau signed a confirmation on the land acquisition, at a cost of RMB 507.33 million. Tongliao China and the Horqin Left Wing Houqi Natural Resources Bureau are expected to sign a land use rights contract by March 28, 2024.
China Glass (03300.HK) will hold a board meeting on March 26 to approve the annual results
Gelonghui March 12 | China Glass (03300.HK) announced that the company will hold a board meeting on March 26, 2024 to approve the company's annual results for the year ended December 31, 2023 and consider declaring a final dividend (if any).
China Glass Arm Inks Finance Lease Deal With Bank of Beijing Unit
China Glass Holdings (HKG:3300) said indirect, wholly-owned subsidiary Jiangsu SHD New Materials has inked a finance lease agreement with Bank of Beijing Financial Leasing. Under the deal, Jiangsu SHD
National Bureau of Statistics: In November, large-scale industrial enterprises achieved a 29.5% year-on-year increase in profit
Financial Services Association, December 27. According to data released by the National Bureau of Statistics on the 27th, from January to November, industrial enterprises above the national scale achieved a total profit of 6982.28 billion yuan, a year-on-year decrease of 4.4%, and the decline was 3.4 percentage points narrower than in January-October.
The value added of industries above scale in China increased 6.6% year on year in November
On a month-on-month basis, in November, the value added of industries above scale increased by 0.87% over the previous month. From January to November, the value added of large-scale industries increased by 4.3% year on year.
Two China Glass Units Sell Assets to Jiangsu Financial Leasing in Sale-Leaseback Deals
Two China Glass Holdings (HKG:3300) units entered into a sale-leaseback agreement with Jiangsu Financial Leasing (SHA:600901). In the first agreement, Suqian CNG New Energy sold assets for leasing for
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