TOYO Co., Ltd Updates on 2024 Performance, Announces Preliminary Guidance for 2025 [Yahoo! Finance]
TOYO Co., Ltd - Ordinary Shares (TOYO)
Company Research
Source: Yahoo! Finance
its anticipated business performance for the full year 2024, and announced preliminary guidance for 2025, reflecting the Company's ongoing commitment to growth and innovation in the renewable energy sector. Performance Updates: Projected Shipments: Cell shipments are expected to reach 1.7-1.8 GW in 2024, representing a slight decrease from the previously announced 1.9 GW annual target, mainly due to reduced delivery to U.S customers affected by anti-dumping and countervailing duty investigations by the U.S. Department of Commerce and International Trade Commission Expected Net Income: The Company expects to achieve net income of approximately $10 million in 2024. 2025 Financial Guidance: Projected Shipments: For the full year 2025, TOYO anticipates solar cell shipments to reach 3.5 GW, fueled by robust demand from utility-scale end customers and new capacity from the Company's 2 GW cell manufacturing facility in Ethiopia Expected Net Income: The Company forecasts net incom
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News
- TOYO Co., Ltd Receives TÜV SÜD and CSA Certifications [Yahoo! Finance]Yahoo! Finance
- TOYO Co., Ltd Receives TÜV SÜD and CSA CertificationsPR Newswire
- TOYO Co., Ltd Secures $150 million Contract to Supply Solar Cells to a Leading Solar Module Manufacturer [Yahoo! Finance]Yahoo! Finance
- TOYO Co., Ltd Secures $150 million Contract to Supply Solar Cells to a Leading Solar Module ManufacturerPR Newswire
- TOYO Co., Ltd to Participate in Clean Energy Conferences in NYC on December 4th and 5th [Yahoo! Finance]Yahoo! Finance
TOYO
Sec Filings
- 12/26/24 - Form 424B3
- 12/20/24 - Form 6-K
- 12/18/24 - Form EFFECT
- TOYO's page on the SEC website