FilingReader Intelligence

GCL Technology reports losses, eyes recovery with strategic shifts

April 30, 2025 at 05:17 AM UTCBy FilingReader AI

** GCL Technology Holdings (HKEX: 3800) reports a net loss attributable to owners of the company of RMB 4.75 billion for 2024, a stark contrast to the RMB 2.51 billion profit recorded in 2023. The company attributes the downturn to severe supply-demand imbalances and a rapidly deteriorating market environment in the photovoltaic (PV) industry.

This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com

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