L R AS Published on Sunday 19 April 2020 - n° 318 - Categories:company results

LONGi would have tripled its net profit in 2019 over 2018.

In thefirst quarter, according to provisional information, LONGi tripled its net profit. It is expected to reach between

1.65 billion and RMB 1.95 billion ($233 to $276 million, compared with $86 million last year). This tripling would be related to the expansion of production capacity, increased demand for large mono wafers, and increased production and demand for its high-efficiency PV panels.

PV Tech of 16 April

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