Summary by Futu AI
Walt Glass Group Co., Ltd. (“Fullet Glass”) announced its first quarter report for 2024, with unaudited financial data showing that the company's operating income reached RMB57.26 billion, up 6.73% year-on-year. Net profit attributable to shareholders of listed companies amounted to RMB760 billion, a significant increase of 48.57% year-on-year. Basic earnings per share were $0.32, up 35.57% year-over-year. During the reporting period, the net cash flow generated by the Company's operating activities amounted to RMB6.01 billion, despite a decrease of 224.97% year-on-year, but the increase in net profit was mainly due to an increase in sales of photovoltaic glass and a decrease in the price of key raw materials. As of 31 March 2024, the total assets of the company were RMB433.84 billion...Show More