Solargiga Energy Reports 39.6% Drop in Revenue for H1 2025 Compared to H1 2024

Reuters
08/29
Solargiga Energy Reports 39.6% Drop in Revenue for H1 2025 Compared to H1 2024

Solargiga Energy Holdings Limited has announced its unaudited consolidated interim financial results for the six months ended 30 June 2025. The company reported revenues of RMB 1.022 billion, a significant decrease from RMB 1.693 billion in the same period of 2024. The results reflect the performance across their three reportable segments: photovoltaic modules, photovoltaic power plants, and semiconductor and others. The company noted that despite the decrease in revenues, the long-term business outlook remains robust, with expectations of a gradual stabilization in the photovoltaic module production market. This is anticipated due to market-driven adjustments and a moderated growth in downstream photovoltaic installation demand. Further details regarding net income, profit or loss, and earnings per share were not specified in the announcement. The company remains optimistic about its future prospects, emphasizing room for future improvement in its business performance.

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 on August 29, 2025, and is solely responsible for the information contained therein.

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