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Ministry of Industry and Information Technology: In 2018, the total profit of flat glass industry increased 29.1% year-on-year, the biggest increase in recent years.

2019-02-23

According to the data released by the official Wechat of the Ministry of Industry and Information Technology of China Securities Net News (Reporter Song Weidong) on the 20th, in 2018, the main business income of the flat glass industry reached 76 billion yuan, an increase of 7.2% over the same period of last year, and the total profit reached 116 billion yuan, an increase of 29.1% over the same period of last year, the largest increase in recent years. Flat glass industry has achieved better benefits in recent years. On the one hand, it benefits from the continuous improvement of innovation ability, the expansion of market application fields and the expansion of scale of key enterprises in the industry; on the other hand, it benefits from the strengthening of supervision by industry management departments, strict control of new capacity barriers, and the maintenance of a basic balance between supply and demand in the market.

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