JA Solar forecasts massive first-half loss on competition

JA Solar Technology expects a net loss of CNY 250-300 billion yuan for the first half of 2025, nearly tripling from CNY 87.4 billion yuan in the same period last year.

The Chinese solar panel manufacturer attributed the anticipated losses to intense competition within the photovoltaic industry from concentrated capacity releases across supply chain segments. This has driven down average selling prices and profitability for the company's module products, with international trade protectionism adding further pressure.