FLAT GLASS (06865) announced the performance for 2025, with a net profit attributable to the mother of approximately 981 million yuan, a year-on-year decrease of 2.58%, and an earnings per share of 0.15 yuan.

Flat Glass (06865) announced its performance in 2025, with revenue of approximately 15.567 billion yuan, a year-on-year decrease of 16.68%. The net profit attributable to the parent company's shareholders is approximately 981 million yuan, a year-on-year decrease of 2.58%, with earnings per share of 0.42 yuan, and a proposed final dividend of 0.15 yuan per share (before tax). Among them, the revenue from photovoltaic glass is approximately 13.986 billion yuan, a year-on-year decrease of 16.83%. Due to the double squeeze of supply and demand imbalance in the photovoltaic industry and "inward competition," the price of photovoltaic glass entered a downward trend in the second half of 2024, leading to a significant downward shift in product prices in the 2025 fiscal year, putting significant pressure on the group's sales revenue from photovoltaic glass.