IRICO Group New Energy Issues Profit Warning, Anticipates Significant Revenue Decline and Net Loss for 1H2025

Reuters

Jul 21

IRICO Group New Energy Issues Profit Warning, Anticipates Significant Revenue Decline and Net Loss for 1H2025

IRICO Group New Energy Co. Ltd. has issued a profit warning, indicating that the company expects a significant decline in its financial performance for the first half of 2025. The company anticipates operating revenue to fall between RMB1,495 million and RMB1,525 million, representing a decrease of approximately 25.21% to 26.68% compared to the same period in 2024. Furthermore, the company projects a net loss attributable to the shareholders ranging from RMB290 million to RMB320 million for the first half of 2025. The decline is primarily attributed to intensified competition in the photovoltaic glass industry, leading to a drop in product prices and gross profit margins. Additionally, the company has made provisions for inventory impairment due to declining product prices. This financial outlook is based on unaudited management accounts and currently available information, and shareholders are advised to exercise caution.

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. IRICO Group New Energy Co. Ltd. published the original content used to generate this news brief on July 21, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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Ltd. published the original content used to generate this news brief on July 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>IRICO Group New Energy Issues Profit Warning, Anticipates Significant Revenue Decline and Net Loss for 1H2025</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nIRICO Group New Energy Issues Profit Warning, Anticipates Significant Revenue Decline and Net Loss for 1H2025\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1032215980\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Reuters </p>\n<p class=\"h-time\">2025-07-21 17:58</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html xmlns=\"http://www.w3.org/1999/xhtml\" xmlns:newsg2=\"http://iptc.org/std/nar/2006-10-01/\" xmlns:xhtml=\"http://www.w3.org/1999/xhtml\"><head><title>\n      IRICO Group New Energy Issues Profit Warning, Anticipates Significant Revenue Decline and Net Loss for 1H2025\n    </title></head><body><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<p>\n        IRICO Group New Energy Co. Ltd. has issued a profit warning, indicating that the company expects a significant decline in its financial performance for the first half of 2025. The company anticipates operating revenue to fall between RMB1,495 million and RMB1,525 million, representing a decrease of approximately 25.21% to 26.68% compared to the same period in 2024. Furthermore, the company projects a net loss attributable to the shareholders ranging from RMB290 million to RMB320 million for the first half of 2025. The decline is primarily attributed to intensified competition in the photovoltaic glass industry, leading to a drop in product prices and gross profit margins. Additionally, the company has made provisions for inventory impairment due to declining product prices. 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Ltd. published the original content used to generate this news brief on July 21, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"00438","symbol_name":"彩虹新能源","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20250721:nNDL4TnLKZ:1","article_id":"2553478469","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2553478469","pubTimestamp":1753091926,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"IRICO Group New Energy Co. Ltd. has issued a profit warning, indicating that the company expects a significant decline in its financial performance for the first half of 2025. The company anticipates operating revenue to fall between RMB1,495 million and RMB1,525 million, representing a decrease of approximately 25.21% to 26.68% compared to the same period in 2024. Furthermore, the company projects a net loss attributable to the shareholders ranging from RMB290 million to RMB320 million for the first half of 2025. The decline is primarily attributed to intensified competition in the photovoltaic glass industry, leading to a drop in product prices and gross profit margins. Additionally, the company has made provisions for inventory impairment due to declining product prices. 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Furthermore, the company projects a net loss attributable to the shareholders ranging from RMB290 million to RMB320 million for the first half of 2025. The decline is primarily attributed to intensified competition in the photovoltaic glass industry, leading to a drop in product prices and gross profit margins. Additionally, the company has made provisions for inventory impairment due to declining product prices. This financial outlook is based on unaudited management accounts and currently available information, and shareholders are advised to exercise caution.\n      \n\nDisclaimer: 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. IRICO Group New Energy Co. 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