IRICO Group New Energy Co. Ltd. reported its interim results for the first half of 2025, posting sales of RMB 1.519 billion, down 25.5% from RMB 2.039 billion in the same period of 2024. The company recorded a net loss of RMB 295.70 million for the period, compared to a net profit of RMB 4.19 million in the previous year. Total comprehensive loss attributable to shareholders was RMB 357.96 million, compared to comprehensive income of RMB 6.32 million in the first half of 2024. IRICO Group's total assets as of June 30, 2025, stood at RMB 8.89 billion, up from RMB 8.78 billion at the end of December 2024. Total liabilities increased to RMB 7.77 billion from RMB 7.30 billion over the same period. The company stated that it will continue to focus on its core business of photovoltaic glass, with an emphasis on cost reduction, efficiency improvement, and expanding R&D, mass production, and sales of high-value-added products to strengthen its competitiveness.