According to the Zhitong Finance App, China Glass (03300) announced its annual results for the year ended December 31, 2023. The group achieved revenue of 5.308 billion yuan (RMB, same below) during the period, an increase of 22.66% over the previous year; loss attributable to equity shareholders was 410 million yuan, profit due to shareholders during the same period last year, profit of 116 million yuan, year-on-year profit and loss; basic loss per share was 24.3292 points.
According to the announcement, the increase in revenue was mainly due to a combination of factors such as an 11% decrease in the average annual sales price compared to last year and a 41% increase in sales volume compared to last year.