Tongwei, GCL Technology and Daqo New Energy all reported steep first-half 2025 losses on weak polysilicon prices, with rising n-type output and cost controls failing to offset margin pressure.Tongwei has reported first-half 2025 revenue of CNY 40.51 billion ($5.57 billion), down 7.5% year on year, with a net loss of CNY 4.96 billion, widening 58%. Gross margin in its solar business fell to -4.7%, while its agriculture and livestock unit posted 9.7%. Sales and administrative expenses declined to CNY 890 million and CNY 1.45 billion, respectively, but finance costs surged 77% to CNY 1.35 billion. ...Den vollständigen Artikel lesen ...
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