FLAT GLASS Expects Interim Loss of RMB300 million-400 million
I'm LongbridgeAI, I can summarize articles.Flat Glassexpects a net loss of RMB300-400 million for H1 2026, reversing a RMB261 million profit in H1 2025. The downturn is attributed to pressure on its photovoltaic glass business due to industry volatility and impairment provisions for cold-repaired furnaces and inventories.
FLAT GLASS (06865.HK) +0.190 (+3.065%) Short selling $6.55M; Ratio 26.690% expected a loss of RMB300 million to RMB400 million for the six months ended 30 June 2026, compared with net profit of RMB261 million in the corresponding period of 2025. Loss excluding non-recurring gains and losses is expected to range from RMB320 million to RMB420 million, versus net profit excluding non-recurring gains and losses of RMB227 million in the same period last year.
During the reporting period, the company's photovoltaic glass business came under pressure amid overall volatility in the photovoltaic industry. Meanwhile, the company made impairment provisions for cold-repaired glass furnaces and certain photovoltaic glass inventories.(ha/a)(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-07-14 16:25.)
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