757.HK

Solargiga Turns Around to Profit in FY2021 With Net Profit at RMB$193.2 Million

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星期三, 三月 30, 2022
EBITDA, HJT, SPIC, Sharp Corporation, Group, Marketization, CGN, Growth, N, HKEX, Carbon, Xinyi Glass, Electricity, SHARP, Silicon, Industry, Review, Depreciation, State Power Investment Corporation, BAPV, Tax, Solar energy, Policy, Yangtze Delta, BIPV, Renewable energy, PRC

During the year under review, as a result of the increase in sales of monocrystalline solar wafers which boast a higher profit margin, the Group's gross profit rose by 50.1% to RMB879.1 million, with gross profit margin improved to 12.4%.

Key Points: 
  • During the year under review, as a result of the increase in sales of monocrystalline solar wafers which boast a higher profit margin, the Group's gross profit rose by 50.1% to RMB879.1 million, with gross profit margin improved to 12.4%.
  • Apart from traditional monocrystalline P-type products, the Group also manufactures monocrystalline N-type products with higher conversion efficiencies.
  • About Solargiga Energy Holdings Limited (HKEX: 757)
    Solargiga Energy Holdings Limited is one of the leading manufacturers of solar energy monocrystalline photovoltaic products in the PRC.
  • The majority of the Group's products are currently sold to domestic state-owned enterprises and large multinational corporations with stringent quality requirements.