JA Solar: Net loss expected to be 4.5 billion to 5.2 billion yuan in 2024
2025-01-23 17:36:39

JA Solar announced that it expects a net loss of 4.5 billion to 5.2 billion yuan in 2024, compared with a net profit of about 7.039 billion yuan in the same period last year. During the reporting period, the company fully utilized its global marketing service network advantages and brand advantages, further increased its market development efforts, and the shipment volume of battery components increased significantly year-on-year. However, due to the continued impact of the mismatch between supply and demand in the photovoltaic industry, intensified market competition, a sharp drop in the prices of major products in various links, and an increasingly severe international trade environment, the profitability of the company's main business continued to decline during the reporting period.
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