Solargiga Energy Reports 39.6% Drop in Revenue for H1 2025 Compared to H1 2024

Reuters

Aug 29

Solargiga Energy Reports 39.6% Drop in Revenue for H1 2025 Compared to H1 2024

Solargiga Energy Holdings Limited has announced its unaudited consolidated interim financial results for the six months ended 30 June 2025. The company reported revenues of RMB 1.022 billion, a significant decrease from RMB 1.693 billion in the same period of 2024. The results reflect the performance across their three reportable segments: photovoltaic modules, photovoltaic power plants, and semiconductor and others. The company noted that despite the decrease in revenues, the long-term business outlook remains robust, with expectations of a gradual stabilization in the photovoltaic module production market. This is anticipated due to market-driven adjustments and a moderated growth in downstream photovoltaic installation demand. Further details regarding net income, profit or loss, and earnings per share were not specified in the announcement. The company remains optimistic about its future prospects, emphasizing room for future improvement in its business performance.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Solargiga Energy Holdings Limited published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Solargiga Energy Holdings Limited published the original content used to generate this news brief on August 29, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00757","symbol_name":"阳光能源","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250829:nNDL3nFyzQ:1","article_id":"2563702108","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2563702108","pubTimestamp":1756476695,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Solargiga Energy Holdings Limited has announced its unaudited consolidated interim financial results for the six months ended 30 June 2025. The company reported revenues of RMB 1.022 billion, a significant decrease from RMB 1.693 billion in the same period of 2024. The results reflect the performance across their three reportable segments: photovoltaic modules, photovoltaic power plants, and semiconductor and others. The company noted that despite the decrease in revenues, the long-term business outlook remains robust, with expectations of a gradual stabilization in the photovoltaic module production market. This is anticipated due to market-driven adjustments and a moderated growth in downstream photovoltaic installation demand. Further details regarding net income, profit or loss, and earnings per share were not specified in the announcement. 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