FilingReader Intelligence
Triumph New Energy expects significant loss amid oversupply
July 15, 2025 at 01:00 PM UTC•By FilingReader AI
Triumph New Energy Company Limited expects a net loss of RMB435-462 million for the first half of 2025, compared to RMB54.78 million in the prior year.
The company attributes the increased losses to continued oversupply in the photovoltaic glass market, causing significant price declines and reduced gross profit.
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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HKEX:1108•Hong Kong Exchange
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