LONGi’s Q1 Net Profit Jumps 37% With Higher Solar Module Shipments

The company expects 2023 revenue to grow 24% YoY to RMB 160 billion

May 5, 2023

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China-based solar module manufacturing company LONGi Green Energy Technology has reported a net profit of RMB3.64 billion (~$526.79 million) in the first quarter (Q1) of the Financial Year (FY) 2023, an increase of nearly 37% year-over-year (YoY).

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Rakesh Ranjan

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LONGi’s Q1 Net Profit Jumps 37% With Higher Solar Module Shipments

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