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The full-year profit of New Special Energy (01799.HK) is expected to fall by 67%, earning up to 4.4 billion RMB.

阿思達克 03-22 01:45
New Special Energy (01799.HK) issued a profit warning, and its net profit is expected to range from 4.2 billion to 4.4 billion yuan, a sharp decrease of 67% per cent year-on-year. Mainly affected by the changes in the relationship between supply and demand in the market, the average selling price of polysilicon in the group decreased by about 60%, and the impairment of fixed assets was estimated to be about 520 million yuan due to the aging of the production line.
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