Sungrow's 2024 third quarter report performed well

Sungrow’s third quarter 2024 financial report shows that the company has achieved solid growth. Revenue in the third quarter was 18.926 billion yuan, a year-on-year increase of 6.37%. Revenue in the first three quarters totaled 49.9 billion yuan, a year-on-year increase of 7.6%. Net profit attributable to the parent company was 7.6 billion, a year-on-year increase of 5%. Sungrow's energy storage system shipments have also grown significantly, reaching 17GWh in the first three quarters of 2024, an increase of more than 60% over last year.