---
title: "Triumph New Energy Forecasts Wider 2025 Loss Amid Photovoltaic Glass Market Pressures"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/274293283.md"
description: "Triumph New Energy Company (HK:1108) forecasts a wider net loss of approximately RMB290.07 million for 2025, up from a previous loss of RMB90.07 million. The expected net loss after non-recurring items is projected to reach RMB360.47 million, reflecting ongoing challenges in the photovoltaic glass market due to oversupply and weak demand. The company reported a total loss of RMB780.77 million last year and has taken additional asset impairment provisions. Analysts currently rate the stock as a Sell with a price target of HK$4.00."
datetime: "2026-01-30T10:42:58.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/274293283.md)
  - [en](https://longbridge.com/en/news/274293283.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/274293283.md)
---

# Triumph New Energy Forecasts Wider 2025 Loss Amid Photovoltaic Glass Market Pressures

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Triumph New Energy Company ( (HK:1108) ) has provided an update.

Triumph New Energy Company Limited has issued an estimate that its net loss attributable to shareholders for 2025 will widen by about RMB90.07 million to RMB290.07 million, while its net loss after deducting non-recurring items is expected to increase by roughly RMB160.47 million to RMB360.47 million, compared with the prior year. This follows a total loss of RMB780.77 million in the previous year and reflects continued pressure on margins from oversupply and weak demand in the photovoltaic glass market, as well as additional asset impairment provisions taken on a prudent basis, highlighting ongoing headwinds for the company’s profitability and signalling persistent challenges for stakeholders exposed to the PV glass segment.

The most recent analyst rating on (HK:1108) stock is a Sell with a HK$4.00 price target. To see the full list of analyst forecasts on Triumph New Energy Company stock, see the HK:1108 Stock Forecast page.

**More about Triumph New Energy Company**

Triumph New Energy Company Limited, formerly known as Luoyang Glass Company Limited, is a PRC-incorporated joint stock company listed in Hong Kong that operates in the photovoltaic glass sector. Its core business is the production and sale of photovoltaic glass products, serving the solar and new energy industries, and its performance is closely tied to supply-demand dynamics in the PV glass market.

**Average Trading Volume:** 3,291,245

**Technical Sentiment Signal:** Strong Sell

**Current Market Cap:** HK$5.73B

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