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XINYI GLASS Expects Indonesia Plant to Go into Production in 1H25 w/ Positive Float Glass Outlook
XINYI GLASS (00868.HK)'s management said in an interim results conference call that the Company's plant in Indonesia will commence production in 1H25. In terms of full-year...
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XINYI GLASS Expects Indonesia Plant to Go into Production in 1H25 w/ Positive Float Glass Outlook
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XINYI GLASS (00868.HK)  +0.930 (+11.908%)    Short selling $81.33M; Ratio 20.784%   's management said in an interim results conference call that the Company's plant in Indonesia will commence production in 1H25.

In terms of full-year effective production capacity forecasts for its three major products, float glass/ architectural glass/ automobile glass are expected to grow by +4%/ -5%/ +6.7%.

In addition, the Company had a positive outlook for float glass, expecting downstream demand to improve as a result of the support policy for China's real estate sector.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-09-27 16:25.)

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