HKG:0868

2 stories mentioning HKG:0868Updated 13d ago

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Xinyi Glass Files Hong Kong Listing Application for Automobile Glass Business

Xinyi Glass Holdings (HKG:0868) has submitted an application to separately list its automobile glass unit in Hong Kong, according to a bourse filing on Monday.The application was filed confidentially after receiving approval from the stock exchange to spin off the business.As part of the transaction, eligible shareholders will receive new shares in "Xinyi Automobile Glass" on a pro-rata basis, the company said.BNP Paribas Securities (Asia) is the sole sponsor for the separate listing.

HKG:0868

Asia45d ago

Xinyi Glass' Profit Climbs 17% in H1

Xinyi Glass (HKG:0868) recorded a 17% rise in attributable profit to 1.19 billion yuan for the first half of 2026 from 1.01 billion yuan a year prior.Earnings per share rose to 0.2672 yuan from 0.2325 previously, according to a Friday Hong Kong bourse filing.Revenue declined 3.1% to 9.52 billion yuan from 9.82 billion yuan in the year-ago period, mainly due to a drop in the average selling prices of float glass products.The glass manufacturing company declared an interim dividend of HK$0.15 per share for the period, payable on or around Sept. 30 to shareholders of record as of Aug. 19.

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