Metals News
Longji shares: 50% to 60% increase in net profit compared with the first half of the year
Jul 18,2019
Source:Longji shares
The content below was translated by Tencent automatically for reference.

SMM News: Longji shares released a performance forecast on the evening of July 17, the first half of the net profit is expected to be 1.961 billion yuan to 2.091 billion yuan, an increase of 50 to 60 percent over the same period last year. During the reporting period, driven by the rapid growth of demand in overseas markets, the photovoltaic industry as a whole maintained a healthy development trend. The sales volume of the company's main products single crystal silicon wafer and components increased greatly compared with the same period last year; the proportion of overseas sales of component products increased rapidly, the sales area expanded, and the overseas revenue increased obviously. Benefiting from the improvement of the technical and technological level, the company's production costs continue to reduce, and the gross profit margin of the main products increased significantly compared with the same period last year.

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