Recently, photovoltaic glass manufacturer Almaden (002623.SZ) released its 2025 first-half earnings forecast, projecting a net profit attributable to shareholders of -15 to -20 million yuan, with adjusted non-GAAP losses widening to -29 to -34 million yuan.
The company attributed the financial volatility to severe price fluctuations across the photovoltaic supply chain triggered by recent policy adjustments. In response to the industry downturn, Almaden plans to implement a dual strategy of production capacity discipline and overseas expansion in the second half of the year.
