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LONGi (601012.SH) net profits in Jan.-Sept. jump 106pct o-y

October 31, 2019


Abstract : LONGi Green Energy Technology Co., Ltd. (601012.SH) announced on Thursday that its net profits in the first three quarters of the year amounted to 3.484 billion yuan, up 106.03 percent year on year.

BEIJING, Oct. 31 (Xinhua) -- LONGi Green Energy Technology Co., Ltd. (601012.SH) announced on Thursday that its net profits in the first three quarters of the year amounted to 3.484 billion yuan, up 106.03 percent year on year.

According to the filing to the stock exchange, its operating revenue during the period stood at 22.693 billion yuan, up 54.68 percent year on year.

Founded in 2000, LONGi is a leading solar technology company in the world. From PV materials, PV power generation equipment to solar power plant systems, it provides a full range of services for PV power generation.

Based on strong technological innovation capabilities, LONGi focuses on two major modules: PV product manufacturing and PV technology solutions. The business covers monocrystalline silicon wafers, monocrystalline cells and modules, distributed power stations and ground power system solutions.

(Edited by Hu Pingchao, hupingchao@xinhua.org)

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Keyword: LONGi

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