4 stories mentioning SHA:600438Updated 30d ago
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Tongwei (SHA:600438) forecasts a loss of between 4.8 billion yuan and 5.4 billion yuan in the first half from 4.96 billion yuan in the year-ago period, according to a Wednesday filing with the Shanghai bourse.The silicon company attributed the continuing loss to lower prices due to supply and demand imbalances in the photovoltaic industry.
Tongwei (SHA:600438) plans to inject 5.06 billion yuan worth of capital into its subsidiary, Tongwei Solar Technology, according to a Shanghai bourse filing on Tuesday.The capital injection will strengthen Tongwei Solar Tech's capital.The amount will be recorded in Tongwei Solar Tech's capital reserve.The Chinese photovoltaics manufacturer's shares dropped nearly 5% during the afternoon trade.
Tongwei's (SHA:600438) net loss attributable to shareholders in the first quarter narrowed year on year to 2.44 billion yuan from 2.59 billion yuan, according to a Shanghai bourse filing on Thursday.Loss per share was 0.54 yuan, compared with 0.58 yuan in the same quarter a year earlier.The Chinese photovoltaics manufacturer's operating revenue dropped 24% to 12.1 billion yuan from 15.9 billion yuan in the prior-year period.
Tongwei's (SHA:600438) net loss attributable to shareholders in 2025 widened year on year to 9.55 billion yuan from 7.04 billion yuan, according to a Shanghai bourse filing on Thursday.Loss per share was 2.12 yuan, compared with 1.58 yuan a year earlier.The Chinese photovoltaics manufacturer's operating revenue slipped 8.6% to 84.13 billion yuan from the year-ago revenue of almost 92.00 billion yuan.
