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Flat Glass Group (6865) investor relations material
Flat Glass Group Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
9M 2026 revenue fell 23.12% YoY to RMB9.58bn; net loss attributable to owners was RMB835.8m, versus profit of RMB637.6m in 9M 2025.
Q3 revenue declined 38.36% YoY to RMB2.91bn, with an attributable net loss of RMB472.7m.
Financial highlights
9M operating costs were RMB9.19bn versus RMB10.58bn a year earlier; total operating costs were RMB10.36bn versus RMB11.63bn.
9M total loss was RMB979.3m versus total profit of RMB758.7m in 9M 2025; net loss was RMB835.6m.
Excluding non-recurring items, attributable net loss was RMB881.0m for 9M and RMB504.5m for Q3; reported attributable losses were RMB835.8m and RMB472.7m, respectively.
9M asset impairment loss was RMB341.0m, compared with RMB172.1m in 9M 2025.
Segment performance
Solar-glass sales volume declined, contributing to lower operating revenue and costs; no segment-level results were included in the reported figures.
- Net loss of RMB362.8 million on 13.81% lower revenue amid PV industry downturn.6865
H1 2026 - Revenue and net profit fell sharply in Q1 2026, driven by lower photovoltaic glass prices.6865
Q1 2026 - Revenue and profit fell on PV glass price declines, but gross margin and liquidity improved.6865
H2 2025 - Nine-month net profit fell over 50% year-over-year amid lower photovoltaic glass prices.6865
Q3 2025 - Revenue and profit fell significantly due to lower photovoltaic glass prices.6865
Q1 2025 - Sharp profit and revenue declines in H1 2025 amid PV glass overcapacity and price pressure.6865
H1 2025 - 2024 unaudited interim results announced for the six months ended 30 June.6865
H1 2024 - Nine-month net profit dropped 34.18% year-over-year amid revenue decline and asset impairment.6865
Q3 2024 - 2024 net profit dropped 63.5% on PV glass price declines; cost controls and R&D continue.6865
H2 2024
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