LONGi Green Energy Technology (SHA:601012) swung to a first-half net loss attributable to shareholders of 5.24 billion yuan, or 0.69 yuan per share, from a profit of 9.18 billion yuan, or 1.20 yuan per share, the previous year.
This was within the guidance of an H1 loss between 4.80 billion yuan and 5.50 billion yuan.
The solar panel manufacturer's operating income fell year over year to 38.53 billion yuan from 64.65 billion yuan, according to a filing with the Shanghai bourse.
The company's shares were down more than 3% in recent Monday trade.
Price (RMB): ¥13.36, Change: ¥-0.45, Percent Change: -3.26%
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