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Tongwei Co., Ltd. Foresees Net Loss of Approximately RMB 7 Billion to 7.5 Billion in 2024
2025-01-17 /
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Author：小编
Tongwei Co., Ltd. anticipates incurring a net loss in the range of RMB 7 billion to RMB 7.5 billion for the year 2024. This projection is primarily attributed to the steep decline in market prices across the entire photovoltaic industry chain, coupled with the impairment and write-off of long-term assets. Despite maintaining a positive net inflow of operating cash flow, the company finds itself on track to record losses for the entire year. Investors are advised to exercise caution when considering market investments, and the information presented in this article should not be construed as investment advice.
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