Xinyi Solar's 2024 Profit Plunges 74%

MT Newswires Live

2025/02/28

Xinyi Solar's (HKG:0968) attributable profit fell 74% to 1.01 billion yuan in 2024 from 3.84 billion yuan in 2023, according to a Friday filing with the Hong Kong Exchange.

Earnings per share at the solar photovoltaic glass maker decreased 74% to 0.1127 yuan from 0.4316 yuan in the previous year.

Revenue declined 9.3% to 21.9 billion yuan from 24.2 billion yuan a year earlier.

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