03300 CHINA GLASS
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CHINA GLASS News
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
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.
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
China Glass (03300) rebounded the market by nearly 36% and recently purchased a place in Inner Mongolia to build a photovoltaic ultra-white rolled glass production line
Jinwu Financial News | China Glass (03300) bucked the market and rose to a three-month high in early trading. As of press release, it reported HK$0.68, up 25.93%, with a turnover of HK$6.023,900. According to the news, 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 507.325 million. According to reports, the company plans to build on this land
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 Fiber Market Analysis 2024-2030: Emerging Trends Include Innovation Focused on Ultra-high Modulus Glass Fiber and Glass Fiber Based Composites Part Using 3D Technology
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).
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
China Glass Units to Raise 400 Million Yuan From Lease of Assets
China Glass Holdings (HKG:3300) said units Dongtai China Glass Special Glass and Suqian CNG New Energy have inked financial lease agreements with Suyin Financial Leasing to raise 200 million yuan eac
China Glass Holdings Subsidiary Sells Glass Production Facilities Under Sale-Leaseback Deal
China Glass Holdings (HKG:3300) subsidiary Jiangsu SHD New Materials sold glass production equipment to CMB Financial Leasing for 150 million yuan under a sale-leaseback deal, a Thursday filing said.
China Glass subsidiary signs financial lease agreement
China Glass (03300) announced that on November 23, 2023, Jiangsu Suhuada, an indirect subsidiary of the company, entered into a financial lease agreement with the lessor (CMB Financial Leasing Co., Ltd.). The lessor has agreed (including) to buy leased assets from Jiangsu Suhuada at a cost of RMB 150 million and lease assets back to Jiangsu Suhuada, with a total lease payment of approximately RMB 158 million. Leased assets refer to glass melting kilns, cutting robot devices, and other glass production equipment for the Jiangsu Suhuada Glass Production Line.
China Glass (03300.HK) signs financial lease agreement
Glonghui November 23丨China Glass (03300.HK) announced that on November 23, 2023, Jiangsu Suhuada entered into a financial lease agreement with the lessor. According to this, the lessor has agreed to (i) buy leased assets from Jiangsu Suhuada at a cost of RMB 150 million, and (ii) lease the leased assets back to Jiangsu Suhuada, with a total lease payment of approximately RMB 158 million. Leased assets refer to glass melting kilns, cutting robot devices, and other glass production equipment for the Jiangsu Suhuada Glass Production Line.
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