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china glass holdings ltd (3300) Details

China Glass Holdings Limited, through its subsidiaries, engages in the production, marketing, and distribution of glass and glass products in China. The company provides clear float glass, body-tinted float glass, on-line coated glass, patterned glass, silver mirror glass, solar-energy glass, solar control easy-clean coated glass, transparent float glass, tinted float glass, and patterned glass, as well as energy glass products, such as ultra clear glass, low-emission coated glass, and photovoltaic battery module products. It also produces amorphous silicon thin-film battery and secondary processed glass products. The company’s products are used in door and windows, mirror, automotive glass, and furniture; glass curtain walls; various commercial and household interior decoration, and furniture decoration; solar energy cells; furniture; household electrical appliances, lightings, medical slides, and coated mirrors. China Glass Holdings Limited exports its products to approximately 100 countries and regions. It is considered a Red Chip company due to its listing on the Hong Kong Stock Exchange. China Glass Holdings Limited was founded in 2004 and is headquartered in Central, Hong Kong.

4,700 Employees
Last Reported Date: 09/14/15
Founded in 2004

china glass holdings ltd (3300) Top Compensated Officers

Chief Executive Officer, Executive Director a...
Total Annual Compensation: CNY1.5M
Senior Vice President
Total Annual Compensation: CNY1.1M
Compensation as of Fiscal Year 2014.

china glass holdings ltd (3300) Key Developments

China Glass Holdings Limited Commences Construction of an Electronic Glass Production Base

The board of directors of China Glass Holdings Limited announced that the company has planned for and commenced the construction of an electronic glass production base to capture the growth of the electronic glass market. The electronic glass production base will be located at Suqian, Jiangsu Province, PRC. The initial stage of the project will include the construction of an electronic glass production line with the daily output of 400 tonnes. The company shall engage an engineering company to carry out design and planning work for the production line, the construction of which is expected to complete around the first quarter of 2017. The production line is expected to manufacture ultra-thin electronic glass targeted at the manufacturers of electronic products and electrical appliances in the PRC and overseas.

China Glass Holdings Limited Announces Unaudited Consolidated Earnings Results for the Six Months Ended June 30, 2015

China Glass Holdings Limited announced unaudited consolidated earnings results for the six months ended June 30, 2015. For the period, the company reported revenue of RMB 947,801,000 against RMB 1,140,690,000 a year ago. Loss from operations was RMB 130,770,000 against profit from operations of RMB 128,831,000 a year ago. Loss before taxation was RMB 186,232,000 against profit before taxation of RMB 87,500,000 a year ago. Loss for the period was RMB 149,918,000 against profit of RMB 50,198,000 a year ago. Loss attributable to equity shareholders of the company was RMB 130,913,000 against profit of RMB 39,912,000 a year ago. Diluted loss per share was 7.232 cents against 2.556 cents diluted loss per share a year ago. The decrease in revenue was mainly caused by the decrease in production and sales volume and the average selling price. The decrease in revenue from its principal business was mainly due to the combination of the weakness of the domestic glass market and the maintenance of certain production lines of the company, leading to a fall of approximately 6% in the overall sales volume and a decrease of approximately 11% in the average selling price.

China Glass Holdings Limited, Board Meeting, Aug 14, 2015

China Glass Holdings Limited, Board Meeting, Aug 14, 2015.

 

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