Solargiga said it expects an unaudited net loss attributable to owners of the parent of RMB270 million to RMB310 million for the year ended 31 December 2025. The company reported a net loss attributable to owners of the parent of about RMB227 million for the year ended 31 December 2024. It cited falling average selling prices and low capacity utilization that reduced photovoltaic module revenue and gross margin. Solargiga also flagged significant impairment losses on receivables and contract assets linked to customer lawsuits and debtor financial positions. It added it recorded significant impairment losses on property, plant and equipment after some asset groups incurred operating losses.
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 via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260313-12051951), on March 13, 2026, and is solely responsible for the information contained therein.