Ates: Controlling shareholder CSIQ expects module shipments to be between 7.5 and 8 gigawatts in the second quarter of 2025.

date
16/05/2025
Atlas notice, controlling shareholder CSIQ disclosed the first quarter financial results of 2025 as well as the operating outlook for the second quarter and the full year of 2025 on May 15, 2025 Beijing time. As of the end of the first quarter of 2025, CSIQ directly held 62.24% of the company's shares. CSIQ's revenue in the first quarter of 2025 was $1.2 billion, with a gross profit margin of 11.7%. CSIQ is forecasted to have total revenue in the second quarter of 2025 between $1.9 billion and $2.1 billion, with a gross profit margin expected to be between 23% and 25%. The full year total revenue is projected to be between $6.1 billion and $7.1 billion. CSIQ's estimated component shipment volume in the second quarter of 2025 is between 7.5 and 8 gigawatts, with an annual estimate of 25 to 30 gigawatts. The estimated energy storage system shipment in the second quarter of 2025 is between 2.4 and 2.6 gigawatt-hours, with an annual estimate of 7 to 9 gigawatt-hours.