[Concall] Hanwha Solutions "Solar Modules Expected to Increase Sales by 30% in Q3"
Hanwha Solutions announced that its solar module sales volume is expected to increase by 30% in the third quarter.
A Hanwha Solutions official stated during the Q2 earnings conference call on the 25th, "The solar module sales guidance remains at the existing annual 9GW," adding, "Although module sales were sluggish in the first quarter, they increased by about 40% in the second quarter compared to the first quarter, and we expect an additional increase of around 30% in the third quarter."
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He continued, "Regarding the sale of development assets and EPC (Engineering, Procurement, and Construction), sales of about 400 billion KRW were achieved in the second quarter, and this trend is expected to continue in the third quarter, with guidance around 800 billion KRW."
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