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Solargiga Energy: Decline in Prices of Products, Asset Impairment Weighed on Results >0757.HK
Solargiga Energy 2023 Net Was CNY112.0M >0757.HK
SOLARGIGA (00757.HK) profit warning: expected loss attributable to parent for 2024 is between 0.2 billion yuan and 0.24 billion yuan.
On March 11, GELONGHUI reported that SOLARGIGA (00757.HK) announced a preliminary assessment based on unaudited consolidated management accounts for the year ending December 31, 2024. The group expects to record an unaudited loss attributable to shareholders of the parent company of approximately RMB 0.2 billion to approximately RMB 0.24 billion, compared to a profit attributable to shareholders of the parent company of approximately RMB 0.112 billion for the year ending December 31, 2023. After the Directors have made all reasonable inquiries and are fully aware and confident, the main reasons for the loss in the reporting year include: (1) Due to the entire Industry Chain of photovoltaic in the reporting year.
Express News | Solargiga Energy - Loss Due to Oversupply and Price Competition in Photovoltaic Industry, Others
Express News | Solargiga Energy - Expected Unaudited Loss Attributable of RMB200 Mln to RMB240 Mln for 2024
SOLARGIGA: PROFIT WARNING
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