TOYO Co., Ltd Announces First Half 2024 Unaudited Financial Results
TOYO Co., Ltd - Ordinary Shares (TOYO)
Company Research
Source: PR Newswire
TOKYO, Aug. 21, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced its financial results for the six months ended June 30, 2024.First Six Months of 2024 HighlightsRevenues of $138.1 million versus $0 revenues in the first half of 2023Gross Margin of 19.3%Net income of $19.6 million versus a loss of $1.9 million in the first half of 2023985 MW shipped"We are pleased with our financial and operational achievements in the first half of 2024, highlighting our team's outstanding execution capabilities," said Junsei Ryu, Chairman and CEO of TOYO. "Since we commenced manufacturing in October 2023, our facility has successfully delivered 1.3 GW of solar cells to customers. Customer feedback on the product's technical specifications and quality has been exceptional, and our team showed that they were able to establish high-volume cell manufacturing using advanced automation in the industry in record time. Confident in our abil
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TOYO
News
- TOYO Co., Ltd to Present at the H.C. Wainwright 26th Annual Global Investment ConferencePR Newswire
- TOYO Co., Ltd to Ring the Nasdaq Closing Bell on Thursday, August 22, 2024PR Newswire
- TOYO Co., Ltd to Report Unaudited First Half 2024 Financial Results on August 21, 2024PR Newswire
- Should We Be Delighted With TOYO Co., Ltd's (NASDAQ:TOYO) ROE Of 17%? [Yahoo! Finance]Yahoo! Finance
- TOYO Co., Ltd Announces Consummation of Business Combination and Debut on NasdaqPR Newswire
TOYO
Sec Filings
- 8/23/24 - Form 6-K
- 8/20/24 - Form 6-K
- 7/8/24 - Form 20-F
- TOYO's page on the SEC website