Trade XINYI GLASS - 868 CFD

Xinyi Glass Company profile

About Xinyi Glass Holdings Ltd.

Xinyi Glass Holdings Ltd is an investment holding company principally engaged in manufacture and sales of glass. The Company operates its business through three segments. The Float Glass segment is engaged in the manufacture and sales of clear glass, F-green glass and European gray glass. The Automobile Glass segment is engaged in the manufacture and sales of glass in automobiles. The Construction Glass segment is engaged in the manufacture and sales of construction glass, such as tempered glass and laminated glass, among others. The Company is also involved in the manufacture and sales of rubber and plastic products and the provision of logistics services.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Xinyi Glass Holdings Ltd. revenues increased 64% to HK$30.46B. Net income increased 80% to HK$11.56B. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Share of profits of associates increase of 5% to HK$1.19B (income). Dividend per share increased from HK$0.79 to HK$1.42.

Equity composition

FY'03 B/S was reclassified.05/2010, Scrip Issue, 1 new share for every 1 share held.