Chinese glass fiber manufacturer Sinoma Science & Technology (SHE:002080) expects a 74% to 119% year-over-year rise in attributable profit for the year 2025 to between 1.55 billion yuan and 1.95 billion yuan.
The year-ago attributable profit had come in at 891.9 million yuan, according to a Monday Hong Kong bourse filing by parent China National Building Material (HKG:3323).
The forecast is mainly due to the optimization of the product mix of glass fiber products, leading to a rise in price, as well as higher sales of wind power blade products.
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