Solargiga Vitality stated it expects to return to revenue for 2023 within the vary of CNY 130 million ($18.09 million) to CNY 170 million for the total 12 months, up from a lack of round CNY 134.8 million in 2022. It attributed the constructive forecast to a rise in transport quantity of modules, in addition to a lift in high-efficiency manufacturing capability.
GCL Know-how, a polysilicon and wafer producer, stated it expects earnings to fall to between CNY 2.3 billion and CNY 2.6 billion for 2023, down from a revenue of CNY 16 billion within the earlier 12 months. It attributed the anticipated drop to the decrease common promoting worth ) of polysilicon and wafer merchandise throughout the reporting interval. It additionally reported a lack of CNY 3.9 billion attributable to dividend and capital reductions associated to its holding in Xinjiang Goens Vitality Know-how.
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