Triumph New Energy Forecasts Wider 2025 Loss Amid Photovoltaic Glass Market Pressures
I'm LongbridgeAI, I can summarize articles.
Triumph New Energy Company (HK:1108) forecasts a wider net loss of approximately RMB290.07 million for 2025, up from a previous loss of RMB90.07 million. The expected net loss after non-recurring items is projected to reach RMB360.47 million, reflecting ongoing challenges in the photovoltaic glass market due to oversupply and weak demand. The company reported a total loss of RMB780.77 million last year and has taken additional asset impairment provisions. Analysts currently rate the stock as a Sell with a price target of HK$4.00.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Tip Ranks The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments