L R AS Published on Tuesday 5 April 2022 - n° 400 - Categories:company results
Tongwei: 5x net profit in H1 2022?
Tongwei's net profit is expected to increase fivefold in thefirst half of 2022 compared with the same period in 2021 (to around
800 million) as a result of higher silicon prices and new capacity coming on stream,
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Tongwei has signed an agreement to build a 32 GW cell factory in Sichuan province. The investment is worth $1.9 billion.
PV Magazine of1 April 2022