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Aters: The controlling shareholder expects a module dump volume of 7.5 to 8.0 gigawatts in the second quarter.
Jin10 data reported on May 15, the company’s controlling shareholder CSIQ announced that in the first quarter, the shipment volume of components reached 6.9 gigawatts. The first-quarter revenue was $1.2 billion (approximately 8.62 billion yuan), with a gross margin of 11.7%. The total revenue for the second quarter is expected to be between $1.9 billion and $2.1 billion (approximately 13.64 billion to 15.08 billion yuan), with a gross margin expected to be between 23% and 25%. The total revenue for the year is expected to be between $6.1 billion and $7.1 billion (approximately 43.80 billion to 50.98 billion yuan). CSIQ expects the shipment volume of components in the second quarter to be between 7.5 and 8.0 gigawatts, with an annual expectation of between 25 and 30 gigawatts.