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TOYO CO LTD

3.70

+0.13493.78%

Post-market: 3.700.00000.00%17:01 EDT

Volume:7.86K

Turnover:28.62K

Market Cap:172.40M

PE:3.41

High:3.70

Open:3.62

Low:3.62

Close:3.57

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Overview Company News Filings

Toyo Co. Ltd. Releases Updated Audited Financial Results for Full Year 2024, Highlighting Significant Increase in Operating Expenses

Toyo Co FY EPS $1.09 Up From $0.24 YoY, Sales $176.96M Up From $62.34M YoY

Toyo Announces Updated Audited Financial Results for the Full Year 2024

THOMSON REUTERS

Press Release: TOYO Announces Updated Audited Financial Results for the Full Year 2024

TOYO Corp Sees FY Net Y1.75B

Toyo Co. Ltd. Reports 184% Revenue Surge to $177M, Net Income Soars to $40.5M in 2024

Q2 2025 TOYO Co., Ltd Earnings Call

Thomson Reuters StreetEvents

Toyo Co Ltd (TOYO) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic Expansion

Toyo Co., Ltd Announces Second Half And Full Year 2024 Financial Results

Toyo Co FY24 EPS $0.13 Down From $0.24 YoY, Sales $177.00M

Toyo Co., Ltd - Net Income Expected to Reach $33 Million in 2025

THOMSON REUTERS

Toyo Co., Ltd Announces Second Half and Full Year 2024 Financial Results

THOMSON REUTERS

Press Release: TOYO Co., Ltd Announces Second Half and Full Year 2024 Financial Results

Toyo Begins Operations at Ethiopian Solar Facility

MT Newswires Live

TOYO Commences Production in its 2GW Solar Cell Facility in Ethiopia

Ethiopian Prime Minister Visits Toyo Facility in Vietnam, Strengthening Strategic Collaboration in Renewable Energy

THOMSON REUTERS

Toyo Doubling Production Capacity at Solar Cell Facility in Ethiopia

MT Newswires Live

BRIEF-TOYO Co., Ltd Announces Plans For Additional 2Gw Solar Cell Capacity Expansion In Ethiopia

Toyo Co., Ltd - Expansion Project to Require $47 Million Investment

THOMSON REUTERS

Toyo Co., Ltd - to Double Ethiopia Solar Cell Production Capacity to 4Gw

THOMSON REUTERS

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Ltd. Releases Updated Audited Financial Results for Full Year 2024, Highlighting Significant Increase in Operating Expenses","url":"https://stock-news.laohu8.com/highlight/detail?id=2537628250","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2537628250?lang=en_us&edition=fundamental","pubTime":"2025-05-21 04:01","pubTimestamp":1747771319,"startTime":"0","endTime":"0","summary":"Toyo Co. Ltd. Releases Updated Audited Financial Results for Full Year 2024, Highlighting Significant Increase in Operating Expenses. Disclaimer: This news brief was created by Public Technologies  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. Toyo Co. Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission , on May 20, 2025, and is solely responsible for the information contained therein.","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["rate"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250520:nNDL72lyPM:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TOYO"],"gpt_icon":0},{"id":"2535840897","title":"Toyo Co FY EPS $1.09 Up From $0.24 YoY, Sales $176.96M Up From $62.34M YoY","url":"https://stock-news.laohu8.com/highlight/detail?id=2535840897","media":"Benzinga","labels":["dataReport"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535840897?lang=en_us&edition=fundamental","pubTime":"2025-05-15 20:37","pubTimestamp":1747312634,"startTime":"0","endTime":"0","summary":"Toyo Co (NASDAQ:TOYO) reported quarterly earnings of $1.09 per share. This is a 354.17 percent increase over earnings of $0.24 per share from the same period last year.  The company reported $176.96 million in sales this","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/05/45435337/toyo-co-fy-eps-1-09-up-from-0-24-yoy-sales-176-96m-up-from-62-34m-yoy","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"dataReport","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TOYO"],"gpt_icon":0},{"id":"2535584726","title":"Toyo Announces Updated Audited Financial Results for the Full Year 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2535584726","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535584726?lang=en_us&edition=fundamental","pubTime":"2025-05-15 20:30","pubTimestamp":1747312208,"startTime":"0","endTime":"0","summary":null,"market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250515:nTUA3DXFBX:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4141","TOYO"],"gpt_icon":0},{"id":"2535408168","title":"Press Release: TOYO Announces Updated Audited Financial Results for the Full Year 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2535408168","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535408168?lang=en_us&edition=fundamental","pubTime":"2025-05-15 20:30","pubTimestamp":1747312200,"startTime":"0","endTime":"0","summary":"TOKYO, May 15, 2025 /PRNewswire/ -- TOYO Co., Ltd  , a solar solution company, today announced certain updates to its press release issued on April 28, 2025, announcing the Company's second half and fiscal year ended December 2024 financial results. The Company's Annual Report on Form 20-F for the fiscal year ended December 31, 2024, was filed with the Securities and Exchange Commission  on May 12, 2025.The operating expenses, general and administrative expenses, net income, and earnings per share for the fiscal year ended 2024 disclosed in the prior press release are updated and reflected in the audited financial statements as set forth below.Operating expenses were $13.0 million for 2024 compared to $4.7 million in the prior year, representing an increase of 180.4% year-over-year.-- Selling and marketing expenses were $1.6 million for the fiscal year 2024. compared to $0.02 million in 2023. The increase was primarily due to an. increase of approximately $1.2 million in freight and ha","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TOYO","BK4141"],"gpt_icon":0},{"id":"2535235980","title":"TOYO Corp Sees FY Net Y1.75B","url":"https://stock-news.laohu8.com/highlight/detail?id=2535235980","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535235980?lang=en_us&edition=fundamental","pubTime":"2025-05-14 19:43","pubTimestamp":1747222980,"startTime":"0","endTime":"0","summary":"TOYO Corp. also released the following forecasts: GROUPYear Ending Sep 2025 RevenueY33.00 bln Operating ProfitY2.40 bln Pretax ProfitY2.40 bln Net ProfitY1.75 bln Per share EarningsY81.27 Results are based on Japanese accounting standards.This content was automatically published based on data and/or text from the original source. For feedback, write to singaporeeditors@dowjones.com.","market":"sh","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4141","TOYO"],"gpt_icon":0},{"id":"2535784237","title":"Toyo Co. Ltd. Reports 184% Revenue Surge to $177M, Net Income Soars to $40.5M in 2024","url":"https://stock-news.laohu8.com/highlight/detail?id=2535784237","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2535784237?lang=en_us&edition=fundamental","pubTime":"2025-05-13 04:36","pubTimestamp":1747082192,"startTime":"0","endTime":"0","summary":"Toyo Co. Ltd. has released its financial results for the fiscal year ending December 31, 2024. The company reported a significant increase in net income, reaching $40.5 million, compared to $9.9 million in the previous year. This marks a substantial improvement from a net loss of $186,839 reported in 2022. Total other income , net also saw a notable change, increasing to $32.4 million from a negative $2.1 million in the prior year. There was a significant contribution to this result from changes in the fair value of contingent consideration payable, amounting to $35.1 million. Toyo Co. Ltd. commenced commercial production and sales in the latter half of 2023, introducing its brand \"TOYO Solar\" to the market. The company generated revenues from sales of solar cells and provision of facilitation services, with sales of solar cells beginning in October 2023. The company also benefited from preferential tax treatments, being exempt from income taxes for the year ended December 31, 2024, du","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250512:nNDLbJWbqb:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"2","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TOYO"],"gpt_icon":0},{"id":"2531200989","title":"Q2 2025 TOYO Co., Ltd Earnings Call","url":"https://stock-news.laohu8.com/highlight/detail?id=2531200989","media":"Thomson Reuters StreetEvents","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531200989?lang=en_us&edition=fundamental","pubTime":"2025-04-29 17:55","pubTimestamp":1745920554,"startTime":"0","endTime":"0","summary":"Junsei Ryu; Chairman of the Board and Chief Executive Officer; TOYO Co., Ltd. Raymond Chung; Chief Financial Officer; TOYO Co., Ltd. Thank you, Crocker. Good morning, everyone. We're glad that you had joined us, from here, by USA, Japanese.  We closed fiscal year 2024 with $177 million in revenue, representing 184% year-on-year increase. Despite the strong top-line growth, our margins were adversely affected by the imposition of anti-dumping and countervailing duties by the US Department of Commerce and the International Trade Commission. These regulatory actions disrupted our delivery times and pricing models, resulting in compressed margins. Nonetheless, we have remained committed to our long-term vision. A key milestone was successful commissioning of our 2-gigawatt solar cell facility in Ethiopia, which is now partly operational. Driven by strong customer demand, we have decided to strategically scale operations and double our production capacity to 4 gigawatts by the end of August","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/q2-2025-toyo-co-ltd-095554634.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["TOYO","TOTTF","TOYWF"],"gpt_icon":0},{"id":"2531113224","title":"Toyo Co Ltd (TOYO) Q2 2025 Earnings Call Highlights: Navigating Challenges with Strategic Expansion","url":"https://stock-news.laohu8.com/highlight/detail?id=2531113224","media":"GuruFocus.com","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2531113224?lang=en_us&edition=fundamental","pubTime":"2025-04-29 15:03","pubTimestamp":1745910188,"startTime":"0","endTime":"0","summary":"Full-Year Revenue: $177 million, a 184% year-on-year increase.Second-Half Revenue: $38.9 million, a decrease of 37.7% from the second half of 2023.Full-Year Gross Profit: $21.9 million, compared to $16.6 million in 2023.Gross Profit Margin: 12.4% in fiscal year 2024, down from 26.7% in 2023.Full-Year Net Income: $40.9 million, compared to $9.9 million in 2023.Second-Half Net Income: $21.3 million, compared to $11.8 million in the second half of 2023.Operating Expenses: $12.7 million in fiscal year 2024, up from $4.7 million in 2023.Earnings Per Share: $0.13 for fiscal year 2024, compared to $0.24 in 2023.Projected 2025 Net Income: $33 million, with a projected shipment of approximately 3.5 gigawatts.GuruFocus has detected 3 Warning Signs with TOYO.Q: Can you provide an overview of TOYO's financial performance for fiscal year 2024?A: Junsei Ryu, CEO, reported that TOYO closed fiscal year 2024 with $177 million in revenue, marking a 184% year-on-year increase. However, margins were affec","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/toyo-co-ltd-toyo-q2-070308555.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["TOTTF","TOYO"],"gpt_icon":0},{"id":"2530945288","title":"Toyo Co., Ltd Announces Second Half And Full Year 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2530945288","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530945288?lang=en_us&edition=fundamental","pubTime":"2025-04-28 21:12","pubTimestamp":1745845943,"startTime":"0","endTime":"0","summary":"TOYO Co., Ltd ::*TOYO CO., LTD ANNOUNCES SECOND HALF AND FULL YEAR 2024 FINANCIAL RESULTS*TOYO CO., LTD - NET INCOME EXPECTED TO REACH $33 MILLION IN 2025  ((Reuters Investor Briefs; email: reutersinvestor.briefs@thomsonreuters.com))  Source Date/Time = 28-APR-202512:47:46.993 GMT","market":"nz","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250428:nRSD8RlRc7:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4141","TOYO"],"gpt_icon":0},{"id":"2530487407","title":"Toyo Co FY24 EPS $0.13 Down From $0.24 YoY, Sales $177.00M","url":"https://stock-news.laohu8.com/highlight/detail?id=2530487407","media":"Benzinga","labels":["express"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530487407?lang=en_us&edition=fundamental","pubTime":"2025-04-28 20:52","pubTimestamp":1745844766,"startTime":"0","endTime":"0","summary":"Toyo Co FY24 EPS $0.13 Down From $0.24 YoY, Sales $177.00M","market":"hk","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":["earning"],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.benzinga.com/news/earnings/25/04/45037512/toyo-co-fy24-eps-0-13-down-from-0-24-yoy-sales-177-00m","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"express","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["TOYO"],"gpt_icon":0},{"id":"2530407568","title":"Toyo Co., Ltd - Net Income Expected to Reach $33 Million in 2025","url":"https://stock-news.laohu8.com/highlight/detail?id=2530407568","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530407568?lang=en_us&edition=fundamental","pubTime":"2025-04-28 20:47","pubTimestamp":1745844467,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250428:nTUAB2SCH9:2","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["BK4141","TOYO"],"gpt_icon":0},{"id":"2530402008","title":"Toyo Co., Ltd Announces Second Half and Full Year 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2530402008","media":"THOMSON REUTERS","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530402008?lang=en_us&edition=fundamental","pubTime":"2025-04-28 20:47","pubTimestamp":1745844467,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250428:nTUAB2SCH9:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["TOYO","BK4141"],"gpt_icon":0},{"id":"2530407871","title":"Press Release: TOYO Co., Ltd Announces Second Half and Full Year 2024 Financial Results","url":"https://stock-news.laohu8.com/highlight/detail?id=2530407871","media":"Dow Jones","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2530407871?lang=en_us&edition=fundamental","pubTime":"2025-04-28 20:47","pubTimestamp":1745844420,"startTime":"0","endTime":"0","summary":"TOKYO, April 28, 2025 /PRNewswire/ -- TOYO Co., Ltd  , a solar solution company, today announced its financial results for the second half and fiscal year ended December 2024.-- Revenues increased 184% to $177.0 million compared to $62.4 million in. -- Gross profit margin of 12.4% compared to 26.7% in 2023. -- Gross profit margin of -12.2% compared to 26.7% for the same period in. \"Our expansion into Ethiopia has not only allowed us to offset tariff impacts but also reinforced our global competitiveness, with that capacity fully allocated for 2025. The first 1GW of capacity at our solar module plant in Houston metropolitan area, Texas, is expected to come online by mid-2025,supported by strong demand from customers in the U.S.  Our diversified supply chain positions us very well to serve the U.S. market, where utility-scale demand remains robust, given the speed and cost competitiveness of solar. Looking forward, we remain deeply committed to the U.S. market and are accelerating the ex","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BK4141","TOYO","TOYWF"],"gpt_icon":0},{"id":"2529587191","title":"Toyo Begins Operations at Ethiopian Solar Facility","url":"https://stock-news.laohu8.com/highlight/detail?id=2529587191","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529587191?lang=en_us&edition=fundamental","pubTime":"2025-04-22 22:24","pubTimestamp":1745331849,"startTime":"0","endTime":"0","summary":"Toyo  said Tuesday that production at its new manufacturing facility in Ethiopia started in early April.The company said it expects to deliver over 80 megawatts of solar cells to customers by the end of the month. Production is set to ramp up in May and June, with the Ethiopian plant reaching a monthly output capacity of 150 to 200 megawatts, Toyo said.The company also announced plans to expand the facility's total production capacity to 4 gigawatts, driven by external customer demand and internal needs from its new solar module facility in Houston, Texas.Shares were 2.7% higher in recent trading activity.Price: 2.84, Change: +0.08, Percent Change: +2.72","market":"fut","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["TOYO","BK4141"],"gpt_icon":0},{"id":"2529049643","title":"TOYO Commences Production in its 2GW Solar Cell Facility in Ethiopia","url":"https://stock-news.laohu8.com/highlight/detail?id=2529049643","media":"PR Newswire","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2529049643?lang=en_us&edition=fundamental","pubTime":"2025-04-22 20:30","pubTimestamp":1745325000,"startTime":"0","endTime":"0","summary":"TOKYO, April 22, 2025 /PRNewswire/ -- TOYO Co., Ltd   ,a solar solution company, has officially started production at its new facility in Ethiopia in early April 2025. The company is scheduled to deliver more than 80 MW of solar cells to customers by the end of April.\"We are very positive about the strong demand we are seeing in the market and are working diligently to execute the additional 2GW expansion in Ethiopia,\" said Junsei Ryu, Chairman and CEO of TOYO Co., Ltd. \"2025 is shaping up to be a year of massive growth for TOYO fueled by solar power's ability to rapidly add low-cost power to the grid and our commitment to sustainable energy solutions on a global scale.\"","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":{"source":"yahoofinance","url":"https://finance.yahoo.com/news/toyo-commences-production-2gw-solar-123000430.html","rn_cache_url":null,"customStyle":"img, svg { display: none !important; }","selectors":"article","filters":"","directOrigin":true},"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/toyo-commences-production-2gw-solar-123000430.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["TOYO","BK4141"],"gpt_icon":0},{"id":"2527215630","title":"Ethiopian Prime Minister Visits Toyo Facility in Vietnam, Strengthening Strategic Collaboration in Renewable Energy","url":"https://stock-news.laohu8.com/highlight/detail?id=2527215630","media":"THOMSON REUTERS","labels":["corporation"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2527215630?lang=en_us&edition=fundamental","pubTime":"2025-04-16 20:09","pubTimestamp":1744805378,"startTime":"0","endTime":"0","summary":null,"market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250416:nTUA15VR0B:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"corporation","news_rank":0,"length":0,"strategy_id":0,"source":"reuters_en_live","symbols":["TOYWF","BK4141","TOYO"],"gpt_icon":0},{"id":"2522399802","title":"Toyo Doubling Production Capacity at Solar Cell Facility in Ethiopia","url":"https://stock-news.laohu8.com/highlight/detail?id=2522399802","media":"MT Newswires Live","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522399802?lang=en_us&edition=fundamental","pubTime":"2025-03-26 21:52","pubTimestamp":1742997167,"startTime":"0","endTime":"0","summary":"Toyo  said Wednesday morning it plans to expand solar cell capacity in Ethiopia by building another 2 gigawatts of capacity in the country, doubling production capacity at the Hawassa facility.Formal construction is expected to begin next month and conclude in July, with Toyo currently conducting equipment installation, testing and trial runs at the facility. The additional production is slated to start in August, Toyo said.Toyo also said it was negotiating a lease for a 28,000-square-meter facility adjacent to its existing building in Hawassa. The existing infrastructure at the facility can support the phase 2 expansion, significantly reducing the time needed to complete the new project, the company said.Toyo shares were climbing 3% in early trading.Price: 3.10, Change: +0.09, Percent Change: +2.99","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://www.mtnewswires.com/","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"0","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"mtnewswires_news","symbols":["BK4141","TOYO"],"gpt_icon":0},{"id":"2522387289","title":"BRIEF-TOYO Co., Ltd Announces Plans For Additional 2Gw Solar Cell Capacity Expansion In Ethiopia","url":"https://stock-news.laohu8.com/highlight/detail?id=2522387289","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2522387289?lang=en_us&edition=fundamental","pubTime":"2025-03-26 20:11","pubTimestamp":1742991096,"startTime":"0","endTime":"0","summary":"BRIEF-TOYO Co., Ltd Announces Plans For Additional 2Gw Solar Cell Capacity Expansion In EthiopiaMarch 26 (Reuters) - TOYO Co., Ltd TOYO.O:TOYO CO., LTD ANNOUNCES PLANS FOR ADDITIONAL 2GW SOLAR CELL 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