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EGing Photovoltaic: Anticipates Losses of 1.9 to 2.3 Billion Yuan in 2024
2025-01-14
EGing Photovoltaic anticipates incurring losses in the range of 1.9 billion to 2.3 billion yuan for the year 2024. This projection is primarily attributed to the notable decline in the prices of battery and module products, inventory write-downs, and the provision for impairment of long-term assets, collectively leading to a substantial drop in its financial performance.
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