Triumph New Energy Reports Significant Decline in Photovoltaic Glass Market, Basic EPS at RMB0.08 Loss

Reuters07-15
<a href="https://laohu8.com/S/600876">Triumph New</a> Energy Reports Significant Decline in Photovoltaic Glass Market, Basic EPS at RMB0.08 Loss

Triumph New Energy Co. Ltd. has announced its estimated interim results for the first half of 2025. The company expects a net loss attributable to shareholders, after deducting non-recurring profit or loss, to range from RMB456 million to RMB472 million. This represents an increase in net loss of approximately RMB390.45 million to RMB406.45 million compared to RMB65.55 million for the same period last year. Triumph New Energy attributes the increased losses to a continued trend of oversupply in the photovoltaic glass market that began in 2024, leading to significant declines in market prices and further decreases in gross profit for its photovoltaic glass segment. Investors are advised to refer to the forthcoming 2025 interim report for specific and accurate financial data.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Triumph New Energy Co. Ltd. published the original content used to generate this news brief on July 15, 2025, and is solely responsible for the information contained therein.
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