Tongwei Co., Ltd. Experiences Over 18% Revenue Decline in Q1
2025-04-29 / Read about 0 minute
Author:小编   

Tongwei Co., Ltd. has reported a revenue of RMB 15.933 billion for the first quarter of 2025, marking a year-on-year decrease of 18.58%. The company also incurred a net loss of RMB 2.593 billion during this period. The primary factor behind this performance decline is the substantial drop in prices across the photovoltaic industry chain, which significantly impacted the pricing of the company's main products.