Solar Glass Maker’s Profit Warning For H1/2022
China’s Xinyi Solar Expects H1/2022 Net Profit To Decline On Annual Basis
Tuesday, 28 Jun 2022
Chinese solar glass supplier Xinyi Solar Holdings Limited has cautioned its shareholders that the company expects its consolidated net profit for H1/2022 to drop by around 33% to 43% annually, citing supply chain and prices pressures in the industry.
Xinyi Solar’s 2021 Financial Results
Xinyi’s Solar Glass Segment Dealt With Lower ASPs In 2021 With Higher Sales Volume
Wednesday, 02 Mar 2022
Solar glass manufacturer from China, Xinyi Solar Holdings Limited managed to increase revenues for 2021 by 30.4% to HKD 16.06 billion, despite drop in ASP for solar glass products and increased costs for material and energy, however the latter was fu.
LONGi Glass Supply From Xinyi
Xinyi Solar To Supply LONGi Solar PV Glass Till 2024 With Quantity A Minimum Of Latter’s 35% Forecasted Annual Demand
Monday, 16 Aug 2021
LONGi Green Energy Technology’s LONGi Solar Technology has signed up to receive a supply of solar glass products from China’s Xinyi Solar Holdings Limited of an unidentified quantity.
Xinyi Solar’s H1/2021 Revenues Grow Over 74% YoY
Chinese Solar PV Glass Manufacturer Xinyi Solar’s Annual Revenues In H1/2021 Increase By 74% YoY, Due To High Sales Volume & Higher ASP Of Solar Glass; Daily Solar Glass Melting Capacity Now 11,800 Tons
Friday, 06 Aug 2021
Even as the company reported substantial drop in solar glass prices in Q2/2201, Xinyi Solar’s H1/2021 business grew considerably. It is optimistic of the business doing well in the long term.
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