The total profit of flat glass industry increased 29.1% year on year last year.
According to the Ministry of Industry and Information Technology, the total profit of flat glass industry in 2018 was 11.6 billion yuan, up 29.1% from the previous year, the largest increase in recent years. It is understood that the growth benefits from supply-side reform, industrial structure optimization and so on. This year, it is expected that the macro environment facing the flat glass industry will be generally stable. Driven by new real estate projects and energy-saving renovation of existing buildings, the field of building glass is expected to remain stable. Photovoltaic glass, transportation glass, agricultural facility glass and so on will maintain growth. However, structural contradictions such as overcapacity still exist, and downward pressure of the industry is still large. First, production continues to grow.