天合光能：2025 年第二季度录得亏损；基于 “反内卷” 政策下的潜在收益，更看好多晶硅生产商

Flash | 24 Aug 2025 17:06:33 ET │ 14 pages Trina Solar (688599.SS) Loss Reported for 2Q25; Prefer Polysilicon Makers on Potential Gains from Anti-involution Policy CITI'S TAKE Trina reported Rmb2,918m net loss in 1H25 (vs. Rmb526m net profits in 1H24), including Rmb1,598m net loss in 2Q25 – not a surprise in view of low solar module market price during the period. Its operating cash inflow was Rmb1,843m in 1H25, comprising Rmb2,679m in 2Q25. Regarding the anti-involution policy, the company stated that ever ...