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The Market Doesn't Like What It Sees From Tongwei Co.,Ltd's (SHSE:600438) Revenues Yet
Tongwei to Swing to Loss in 2024
Tongwei Co., Ltd. 2024 annual results forecast
Tongwei Co.,Ltd had a net loss of up to 7.5 billion last year, and Liu Hanyuan faced the "first loss in 42 years of entrepreneurship" | Interpretations
① The company's Q4 loss amounts to 3.027 billion-3.527 billion yuan, marking five consecutive quarters of Net income losses since the fourth quarter of 2023; ② After two silicon material companies announced the gradual initiation of phased production reductions and maintenance on their high-purity polysilicon production lines, polysilicon prices have risen for several consecutive weeks, and the Industry prices are expected to recover to reasonable levels.
Express News | Tongwei Sees 2024 Net Loss of 7-7.5 Bln Yuan
Sealand: Emerging Markets and capacity going abroad have become the core increments of the photovoltaic market, seizing the opportunities of technological iteration.
Sealand expects that by 2025, the growth rate of the photovoltaic Industry will continue to decline, with a Global growth estimate of +10%, and the Emerging Markets and capacity going overseas will be the core increments.