China Glass Holdings Limited operates within the Flat glass sector.
In addition to historical fundamental analyses, the complete report available to purchase compares China Glass Holdings Limited with three other
glass product manufacturers in Asia:
Shanghai Yaohua Pilkington Glass Group Company Limited
sales of 2.94 billion Chinese Renmimbi [US$456.57 million]
of which 99%
was Processing Glass),
Hankuk Glass Industry Incorporated
of South Korea
(330.64 billion Korean Won [US$310.47 million]
of which 85%
was Flat Glass Manufacturing), and
Asahimas Flat Glass Tbk PT
based in Indonesia
(3.72 trillion Indonesian Rupiahs [US$279.31 million]
of which 67%
was Flat Glass).
During the year ended December of 2016, sales at
China Glass Holdings Limited were HK$2.50 billion (US$319.07 million).
increase of 2.8%
versus 2015, when the company's sales were HK$2.43 billion.
Despite this increase, sales are still
below the level achieved in 2014, when China Glass Holdings Limited
reported sales of HK$3.13 billion.
Sales of Energy Saving and New Energy Glass Products saw an increase
that was more than double the company's growth rate: sales were up
120.8% in 2016, from
HK$183.53 million to HK$405.24 million.
China Glass Holdings Limited also saw significant increases in sales in
Painted Glass Products (up 5.4% to HK$538.84 million)
Not all segments of China Glass Holdings Limited experienced an increase in sales in 2016:
sales of Clear Glass Products fell 17.6% to HK$800.91 million.
China Glass Holdings Limited also experienced decreases in sales in
Coated Glass Products (down 1.2% to HK$751.03 million)