01:38 AM EDT, 08/26/2022 (MT Newswires) -- Flat Glass Group's (HKG:6865, SHA:601865) attributable first-half profit fell 20.5% from a year ago due to a decrease in the average sales price of PV glass and higher costs of raw materials and energy.
Profit of the glass manufacturer fell to 1 billion yuan ($146.3 million), or 0.47 yuan per share, from 1.26 billion yuan, or 0.59 yuan per share, a year earlier, according to a Thursday filing.
Revenue jumped to 7.30 billion yuan from 4.03 billion yuan a year ago.
Shares jumped more than 13% in Hong Kong and 7% in Shanghai recently.
Price (HKD): $26.70, Change: $+3.00, Percent Change: +12.66%