---
title: "GCL TECH's photovoltaic materials business has turned a profit, earning 960 million yuan last season"
description: "GCL TECH announced that for the three months ending in September, the profit from its photovoltaic materials business was approximately 960 million RMB (including a post-tax gain of 640 million RMB fr"
type: "news"
locale: "en"
url: "https://longbridge.com/en/news/261469243.md"
published_at: "2025-10-16T14:02:05.000Z"
---

# GCL TECH's photovoltaic materials business has turned a profit, earning 960 million yuan last season

> GCL TECH announced that for the three months ending in September, the profit from its photovoltaic materials business was approximately 960 million RMB (including a post-tax gain of 640 million RMB from the sale of an associate), compared to a loss of 1.81 billion RMB in the same period last year, achieving a turnaround to profitability. During the quarter, the adjusted EBITDA for the photovoltaic materials business was approximately 1.41 billion RMB, while the adjusted LBITDA in the same period last year was approximately 571 million RMB

GCL TECH (03800.HK) announced that for the three months ending in September, the profit from its photovoltaic materials business was approximately RMB 960 million (which includes a post-tax gain of RMB 640 million from the sale of an associate), compared to a loss of RMB 1.81 billion in the same period last year, achieving a turnaround to profitability.

During the quarter, the adjusted EBITDA for the photovoltaic materials business was approximately RMB 1.41 billion, while the adjusted LBITDA in the same period last year was approximately RMB 571 million

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> **Disclaimer**: This article is for reference only and does not constitute any investment advice.