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CSI Solar Parent Canadian Solar Returns to Profit in Q4 2024
Canadian Solar (688472.SH): CSIQ expects first-quarter module shipments to be between 6.4 to 6.7 gigawatts.
Canadian Solar Inc. (688472.SH) announced that its controlling Shareholder CSIQ expects...
Canadian Solar (CSIQ.US) reported a 11% year-on-year decline in Q4 revenue, while shipment volumes increased by 1% year-on-year.
In Q4, Canadian Solar's net revenue was 1.5 billion USD, a year-on-year decrease of 11%; the net income attributable to the company was 34 million USD, compared to a net loss of 1 million USD in the same period last year; diluted EPS was 0.48 USD, compared to a loss of 0.02 USD per share in the same period last year.
US stock market changes | Canadian Solar (CSIQ.US) rises 8% as Microsoft's Vice President of Energy is bullish on the potential of Wind Energy and Solar Energy to power Datacenters.
On Wednesday, Canadian Solar (CSIQ.US) rose by 8%, reaching $10.565.
We Think CSI Solar (SHSE:688472) Is Taking Some Risk With Its Debt
Artes (688472.SH): Cumulatively repurchased 0.39% of shares.
On March 11, Gelonghui reported that Arctech (688472.SH) announced that as of the date of this announcement, the company had repurchased a total of 14,314,600 shares through the Shanghai Securities Exchange trading system via centralized bidding, accounting for 0.39% of the company’s total share capital. The highest price for the repurchased shares was 11.33 yuan/share, and the lowest price was 10.23 yuan/share. The total amount of funds used for the repurchase was 153,544,018.78 yuan (excluding stamp duty, transaction commissions, and other transaction costs). This share repurchase complies with the laws and regulations as well as the company's share repurchase plan.