GoodWe Technologies Co., Ltd. reported earnings results for the first quarter ended March 31, 2025. For the first quarter, the company reported sales was CNY 1,882.07 million compared to CNY 1,126.13 million a year ago. Revenue was CNY 1,882.07 million compared to CNY 1,126.13 million a year ago.
Net loss was CNY 28.03 million compared to CNY 28.82 million a year ago. Basic loss per share from continuing operations was CNY 0.12 compared to CNY 0.12 a year ago. Diluted loss per share from continuing operations was CNY 0.12 compared to CNY 0.12 a year ago.
GoodWe Technologies Co Ltd, formerly Jiangsu Goodwe Power Supply Technology Co Ltd, is a China-based company mainly engaged in the research and development, production and sales of new energy power supply equipment such as solar energy and energy storage. The Company also provides total solutions such as smart energy management for homes, industrial and commercial users and ground power stations. The Company's products include photovoltaic grid-connected inverters, photovoltaic energy storage inverters, smart data collectors and smart energy management systems (SEMS). The Company conducts its businesses within the China market and to overseas markets such as Germany, Italy, Australia, South Korea, the Netherlands, India, Belgium, Turkey, Mexico and Brazil.
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