Longi Releases 2024 Interim Report: Revenue Down 40%, Net Losses, but Shipments Surge

SMM News on August 30: #PV Leading Company's 2024 Interim Report Released#

In the first half of 2024, Longi's operating revenue reached RMB 38.529 billion, a year-on-year decrease of 40.41%. The net profit attributable to shareholders of the listed company was -RMB 5.243 billion, and the net profit attributable to shareholders of the listed company after deducting non-recurring gains and losses was -RMB 5.277 billion.

In the first half of 2024, Longi shipped 44.44GW of silicon wafers (with 21.96GW sold externally); 2.66GW of batteries were sold externally; and 31.34GW of modules were shipped (including approximately 10GW of BC modules), with sales in the Asia-Pacific region surging by over 140% year-on-year.