Maxwell Forecasts its Performance in H1 2022

PVTIME – Suzhou Maxwell Technologies Co., Ltd. (300751.SZ), a high-end solar cell equipment manufacturer, released its performance forecast for the first half of 2022 on July 6.

It is expected that the net profit attributable to shareholders of listed companies in the first half of the year to be 330 million to 420 million yuan, a year-on-year increase of 30.92 to 66.63%. The net profit after deducting non-recurring gains and losses is calculated to be 325 million to 415 million yuan, a year-on-year increase of 36.88% to 74.79%.

Maxwell is very pleased to see an increase of income and operating profit in the first half of 2022. It stated that the sales volume of printing equipment for solar cell screen, the main product of the company, has dramaticaly increased during the reporting period, which mainly resulting from the growth demands from downstream customers, benefiting from the long-term prosperity of the photovoltaic industry.