Junda reported Q3 revenue of Yuan 2.042 billion, up 37.4% quarter on quarter, while its net loss narrowed by Yuan 92 million to Yuan 175 million. Nine-month revenue fell 8.1% year on year to Yuan 5.223 billion and the net loss reached Yuan 428 million. The company attributed the sequential improvement to a recovery in TOPCon cell prices and cost cuts. Its result supports the view that cell profitability may be bottoming, but a return to sustained profit still depends on stricter capacity discipline and stronger module demand. The figures are corporate results, not a commodity price assessment.
Edited by Lucas Wang, wangchenghao@mysteel.com
