Triumph New Energy (HKG:1108) expects a realized attributable loss of between 435 million yuan and 462 million yuan in the first half of 2025, widening from 54.8 million yuan a year prior, a late Tuesday Hong Kong bourse filing said.

Shares of the glassmaker were up nearly 2% in Wednesday afternoon trading.

The anticipated wider loss was mainly due to declining market prices and a lower gross profit of the firm's photovoltaic glass.