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Shichuang Energy Forecasts Net Loss of 610-730 Million Yuan in 2024, Marking a Year-on-Year Decline from Profit to Loss
2025-01-20 /
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Author：小编
Shichuang Energy anticipates incurring a net loss of between 610 and 730 million yuan in 2024, representing a significant shift from profitability to loss on a year-over-year basis. The company attributes this to the intensifying competition within the industry, which has pressured cell prices and consequently reduced gross profit margins, leading to lower sales revenue. Furthermore, technological advancements have necessitated an increase in asset impairment provisions for PERC production line equipment, contributing to phased losses. Looking ahead, Shichuang Energy vows to persist in augmenting its R&D investments, fostering business growth through technological innovation, and upholding its industry-leading position.
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