Hoshine Silicon Industry forecasts substantial half-year loss

Hoshine Silicon Industry Co anticipates a net loss of RMB 30,000-40,000 for the first half of 2025, reversing from the previous year's RMB 97,805 profit.

The downturn stems from weak downstream industrial silicon demand and continuous price declines in industrial silicon and polysilicon markets. Reduced photovoltaic sector operating rates and declining prices significantly impacted sales and led to inventory impairment provisions.