Although the shipment volume of car glass with the

2022-09-29
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Asahi nitrate: Although the shipments of glass substrates and automotive glass showed an increase

the world's second largest liquid crystal glass substrate factory, Asahi nitrate (AGC) announced the second quarter (2012) financial report of this year after the closing of Japanese stocks on the 3rd: Although the shipments of glass substrates and automotive glass showed an increase, due to the decline in the price of glass substrates and the reduction in the shipments of solar cell/building glass, the consolidated revenue fell by 2% to 297.899 billion yen compared with the same period last year, Consolidated operating income fell by 47% to 23.793 billion yen, and consolidated net income declined by 28% to 13.324 billion yen

Asahi said that in the last quarter, the revenue of the electronics department (generally speaking, the business content includes glass substrates, special glasses for displays, current peripheral materials for displays, optical film products, etc.) fell by 20% to 83.054 billion yen compared with the same period last year, and the revenue declined by 49% to 20.169 billion yen; The revenue of the glass sector (including flat glass (solar cell glass + building glass) and automotive glass) increased by 3% to 138.982 billion yen, with a loss of 1.703 billion yen (compared with 271 million yen in the same period last year)

Asahi said that as rising energy prices may have a certain impact on profits, the consolidated net income target for this year (in 2012) was revised down from the original estimate of 80billion yen to 50billion yen (a decrease of 47.5% year-on-year)

on July 11, on the grounds that the price decline of glass substrates was higher than expected, the growth of glass substrate shipments was afraid to be lower than expected, and the demand for glass for solar cells was afraid to be more severe than originally expected, Asahi Nippon revised down the consolidated revenue target for this year from 1.25 trillion yen to 1.2 trillion yen (a decrease of 1.2% a year), and the consolidated revenue target from 140 billion yen to 100 billion yen (a decrease of 39.6% a year). China glass () attention analysis and early warning information department

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