Cybrid Technologies forecasts massive half-year loss up to 8.2bn yuan

Suzhou Cybrid Technologies expects a net loss of 7-8.2 billion yuan for the first half of 2025, compared to 1.55 billion yuan in the same period last year.

The projected decline stems from overcapacity and intensified competition in the photovoltaic industry, causing solar film product prices to fall and reducing solar backsheet sales.

However, the company's lithium battery, new energy vehicle materials, and semiconductor segments showed improved profitability with increased revenue and gross margins.