China Glass (03300) is expected to make a net profit of about 35 million yuan to 65 million yuan in the medium term, turning a year-on-year loss into a profit

Zhitong Finance App News, China Glass (03300) announced that the Group expects to obtain a net profit of about RMB 35 million to RMB 65 million within the six months ending June 30, 2026, while net losses of approximately RMB 318.7 million will be achieved in the six months ending June 30, 2025, turning a loss into a profit. This profit mainly stems from: (i) the Group continues to optimize its business structure, maintain a good trend in overseas business operations, and maintain a stable profit level; and (ii) the Group has accelerated the disposal of redundant assets and debt risk mitigation efforts to steadily dispose of discontinued business assets, accelerate the return of capital, revitalize existing assets, and bring other benefits to the Group.