天合光能：上半年亏损29.18亿元

Core Viewpoint - Trina Solar (688599) reported a significant decline in financial performance for the first half of 2025, with a notable drop in revenue and a shift to net losses compared to the previous year [1] Financial Performance - The company achieved operating revenue of 31.056 billion yuan, representing a year-on-year decrease of 27.72% [1] - The net profit attributable to shareholders was a loss of 2.918 billion yuan, contrasting with a net profit of 526 million yuan in the same period last year [1] Sales and Market Conditions - Despite an increase in the sales volume of photovoltaic module products compared to the previous year, the company's profitability in the module business declined [1] - The decline in profitability is attributed to an imbalance in supply and demand within the industry chain and persistently low market prices for photovoltaic products [1]