Xinyi Glass (HKG:0868) reported a profit attributable to equity holders of 3.37 billion yuan for the year ended Dec. 31, a 31% decline from 4.88 billion yuan in the previous year, according to a Sunday Hong Kong bourse filing.
Earnings per share were 0.7923 yuan, 33% down from 1.176 yuan a year ago.
Revenue for the year was 22.3 billion yuan, an 8.1% decline compared with 24.3 billion yuan in the prior year.
The company recommended a final dividend of HK$0.10, compared with HK$0.37 in the previous year.
The glass manufacturing company's shares increased by over 1% in recent trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.