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LONGi Group’s sales momentum of solar modules and mono-wafers continues in Q1
May 4, 2021 Email
Leading monocrystalline wafer producer and ‘Solar Module Super League’ (SMSL) member LONGi Green Energy and subsidiary, LONGi Solar, have continued an unprecedented sales run, notching up first quarter 2021 revenue of RMB15.85 billion (US$2.44 billion), its second highest quarterly figures.
The performances comes after the company recently reported fourth quarter and full-year 2020 financial results, posting record revenue and shipments.
LONGi Group reported first quarter 2021 revenue of US$2.44 billion.
LONGi also reported its highest quarterly net profit figures for the first quarter of 2021, reaching RMB2.5 billion (US$386.4 million), compared to a net profit of US$339.14 in the fourth quarter of 2020 on revenue of US$3.2 billion.