First loss in more On the evening of January 16, Longi Green Energy announc that it expects to achieve a net loss
attributable to shareholders of 8.2 billion to 8.8 billion yuan in 2024 , turning from profit to loss yearonyear .
It is expect that the net profit attributable to the industry email list parent company after ducting nonrecurring items
will be a loss of 8.3 billion to 8.9 billion yuan, turning from profit to loss yearonyear.
Among them, in the first three quarters of 2024, Longi Green Energy achiev operating income of
58.593 billion yuan, a yearonyear decrease of 37.73%; and a loss of 6.505 billion yuan, a yearonyear decrease of 155.62%.
According to the latest performance forecast
The company’s net loss in the fourth quarter will be approximately 1.7 billion to 2.3 billion yuan.
The main reasons for the fullyear loss are: intensifi industry competition , declining product prices and
gross profit margins , and limit production capacity.
LONGi Green Energy explain that in 2024, the global new photovoltaic install capacity will continue to
grow, but the industry’s supply and demand call center crm features imbalance will be prominent. During the capacity
clearance and rapid technology iteration cycle, the company insist on stable operation and sought
development through innovation. BC secondgeneration technology and forwardlooking research and
development have made continuous breakthroughs. The conditions for the largescale development of
BC technology are mature. The advantageous production capacity in the Unit States has been successfully put into production and achiev profitability.
The advanc manufacturing model
Of the lighthouse factory has been rapidly promot, and the customercentric organizational changes have achiev remarkable results.
During the reporting period, affect by the intensifi industry competition, the output of the company’s
BC secondgeneration products account for a very low proportion, the prices and gross profit margins of
PERC and TOPCon products continu philippines numbers to decline, the production capacity utilization rate was limit, technological iterations l to an increase in asset impairment provisions, and investment income from equityholding silicon material companies incurr losses, resulting in a periodic loss in operating performance First loss in more.
