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China Glass Holdings Reports Increased Revenue but Faces Significant Losses in 2024

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China Glass Holdings Reports Increased Revenue but Faces Significant Losses in 2024

An update from China Glass Holdings Limited ( (HK:3300) ) is now available.

China Glass Holdings Limited reported its audited consolidated annual results for the year ended 31 December 2024, showing a revenue increase to RMB 5,737,612,000 from RMB 5,307,924,000 in 2023. Despite the revenue growth, the company experienced a significant loss for the year amounting to RMB 963,976,000, attributed to higher costs and expenses, impacting its financial performance and shareholder returns.

More about China Glass Holdings Limited

China Glass Holdings Limited is a company incorporated in Bermuda, primarily engaged in the glass manufacturing industry. The company focuses on producing various glass products and operates within the Chinese market.

YTD Price Performance: -28.05%

Average Trading Volume: 1,435,276

Technical Sentiment Signal: Buy

Current Market Cap: HK$496.8M

Find detailed analytics on 3300 stock on TipRanks’ Stock Analysis page.

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