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21/10/2026 09:45

Fuyao Glass drops nearly 8% to a new low since August, third-quarter profit down nearly 10%

The Economic Information Daily reported on the 21st: Fuyao Glass (03606) H-shares are currently down 7.8%, trading at HK$51.05. Based on the current price, the stock has declined for two consecutive days, with a cumulative drop of 8.2%. The stock's trading volume is approximately 1.61 million shares, involving a turnover of HK$841.9 million. During trading, it hit a low of HK$50.8, marking a new low since August. The A-share (SSE: 600660) is currently trading at RMB 50.77, down RMB 4.48, or 8.1%, with a turnover of RMB 391 million involving 7.5 million shares. At the current price, the A-shares are at a 16.8% premium to the H-shares.

Fuyao Glass announced that for the third quarter ended September 30, 2026, operating revenue was approximately RMB 12.152 billion, an increase of 2.51% year-on-year; net profit was approximately RMB 2.036 billion, a decrease of 9.87% year-on-year. Basic earnings per share were RMB 0.78.

For the first nine months of the year, operating revenue was approximately RMB 34.123 billion, an increase of 2.46% year-on-year. Net profit was approximately RMB 6.006 billion, a decrease of 14.97% year-on-year. Basic earnings per share were RMB 2.3.

Currently, the Hang Seng Index stands at 23,976, up 108 points or 0.5%, with main board turnover exceeding HK$23 billion. The Hang Seng China Enterprises Index stands at 8,077, up 47 points or 0.6%. The Hang Seng Tech Index stands at 4,079, up 33 points or 0.8%. (nw)
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