---
title: "Triumph New Energy Flags Sharply Wider Interim Loss on Weak Solar Glass Market"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292631217.md"
description: "Triumph New Energy (HK:1108) warned of a significantly wider interim net loss for H1 2026, estimated between RMB753 million and RMB890 million, up from RMB448.98 million last year. The increased losses stem from weak demand and depressed prices in the photovoltaic glass market, alongside prudential asset impairment provisions. Non-recurring adjusted losses are also expected to widen, indicating deteriorating underlying operating performance amid challenging market conditions."
datetime: "2026-07-14T12:38:22.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292631217.md)
  - [en](https://longbridge.com/en/news/292631217.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292631217.md)
generator: "portal-rs"
---

# Triumph New Energy Flags Sharply Wider Interim Loss on Weak Solar Glass Market

Triumph New Energy Company ( (HK:1108) ) has issued an announcement.

Triumph New Energy Company Limited has warned investors that it expects a significantly larger interim net loss for the first half of 2026, with losses attributable to shareholders estimated between RMB753 million and RMB890 million, compared with a net loss of RMB448.98 million in the same period a year earlier. The deeper losses reflect prolonged weak demand and depressed prices in the photovoltaic glass market, as well as prudential asset impairment provisions, underscoring pressure on the company’s profitability and highlighting ongoing challenges for solar glass producers amid a difficult pricing environment.

The company also estimates its net loss after excluding non-recurring items will widen to between RMB756 million and RMB895 million, versus RMB458.67 million previously, reinforcing that its underlying operating performance has deteriorated rather than being driven by one-off factors. These unaudited figures signal mounting headwinds for Triumph New Energy’s core business and may raise concerns among shareholders about the sustainability of margins and the timing of any recovery in photovoltaic glass demand and pricing.

**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. The company operates in the photovoltaic glass sector, supplying glass products used in solar power applications, and is exposed to demand and pricing trends in the broader renewable energy and solar materials markets.

**Average Trading Volume:** 6,776,166

**Technical Sentiment Signal:** Sell

**Current Market Cap:** HK$3.74B

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