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Luoyang Northglass Technology Co Ltd

Luoyang Northglass Technology Co., Ltd. researches, designs, manufactures, and sells glass deep-processing equipment and products in China. Its equipment includes glass tempering furnaces, coating lines, glass storage and buffer systems, cutting machines, vertical seaming and washer machines, automatic batching systems for tempering furnaces, automatic glass break out machines, and laser printing tables, along with glass processing automation line planning, ERP, and MES systems. It also offers processed glass products such as laminated, coated, curved, insulating, printed, and toughened glass, as well as HVLS and general fans. The company exports to approximately 110 countries, including the United States, the United Kingdom, Germany, France, Japan, India, Brazil, Saudi Arabia, Egypt, and Turkey. Founded in 1995, it is based in Luoyang, China.

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North Glass Technology's 2026 Interim Net Profit Falls 85.62%

North Glass Technology released its 2026 interim report, with total operating revenue of 687 million yuan, down 21.34% year on year. Net profit attributable to the parent company was 6.8797 million yuan, a decline of 85.62% from the same period last year. Net cash inflow from operating activities was 116 million yuan, the asset-liability ratio was 23.08%, gross margin was 28.44%, ROE was 0.31%, and diluted earnings per share was 0.01 yuan. The company had 77,800 shareholders, and the top ten shareholders held 48.05% of total share capital.
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North Glass Subsidiary Establishes Two New Companies to Consolidate Glass Business

North Glass announced that its holding subsidiary Tianjin North Glass Investment has established two subsidiaries, which have completed industrial and commercial registration. The two companies are Luoyang North Glass High-End Glass Industry Company Limited, with a registered capital of 64.75 million yuan, and North Glass High-End Shanghai Glass Industry Company Limited, with a registered capital of 56.7 million yuan. This investment aims to integrate the deep-processing glass businesses of the Luoyang and Shanghai bases, optimize operational management, and enhance resource allocation efficiency. The new companies' business scope covers glass manufacturing, technology development, and goods import and export.
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North Glass Forecasts First-Half 2026 Net Profit to Drop Over 80% Year-on-Year

North Glass disclosed its earnings forecast, expecting to achieve operating revenue of 687 million yuan in the first half of 2026, with net profit attributable to the parent company ranging from 5.5 million to 8.2 million yuan, a year-on-year decline of 82.86% to 88.5%. The company stated that the decline in performance was mainly due to a contraction in revenue scale and an increase in period expenses, with operating revenue decreasing by 186 million yuan year-on-year and period expenses increasing by 21 million yuan year-on-year. Deducted non-recurring net profit is expected to be between 600,000 and 900,000 yuan, a year-on-year decline of 97.91% to 98.61%.
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