Tongwei Shares: Third Quarter Net Profit 3.031 Billion, Down 68% Year-on-Year

2023-10-25 16:33:22

Revenue plunged 68.11% in the third quarter.

On the evening of October

25, Tongwei released its third quarter report. The company's operating income in the third quarter was 37.352 billion yuan, down 10.52% from the previous year, and the net profit attributable to shareholders of listed companies was 3.031 billion yuan, down 68.11% from the previous year.

In addition, from January to September, the company's operating income was 111.421 billion yuan, an increase of 9.15% over the previous year, and the net profit attributable to shareholders of listed companies was 16.302 billion yuan, a decrease of 24.98% over the previous year.

This was mainly attributable to the year-on-year decline in the price of the PV industry chain during the reporting period.

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Correlation

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Revenue plunged 68.11% in the third quarter.

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In order to thoroughly implement the spirit of the 20th and 20th Plenary sessions of the CPC, conscientiously implement the deployment of the Fourth Plenary Session of the CPC Central Committee, thoroughly implement the new energy security strategy of "four revolutions and one cooperation", anchor the goal of carbon neutralization at the peak of carbon, and promote the high-quality development of renewable energy, the CPC Central Committee of the People's Republic of China (CPC) and the State Council of the People's Republic of China (PRC) have adopted the "Four Revolutions and One Cooperation". In accordance with the requirements of the Outline of the Fifteenth Five-Year Plan for National Economic and Social Development of the People's Republic of China and the Fifteenth Five-Year Plan for the Construction of a New Energy System, we have organized the formulation of the Fifteenth Five-Year Plan for the Development of Renewable Energy. It is now printed and distributed to you for implementation.