Profile
Sector:
TechnologyIndustry:
SolarCountry:
JapanIPO:
Website:
http://www.toyo-solar.comNext earnings report:
29 November 2024Last dividends:
N/ANext dividends:
N/APrice
after hours | Wed, 20 Nov 2024 00:31:07 GMTDividend
Analysts recommendations
Institutional Ownership
TOYO Latest News
TOKYO , Nov. 18, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today provided an update on its anticipated business performance for the full year 2024, and announced preliminary guidance for 2025, reflecting the Company's ongoing commitment to growth and innovation in the renewable energy sector. 2024 Performance Updates: Projected Shipments: Cell shipments are expected to reach 1.7-1.8 GW in 2024, representing a slight decrease from the previously announced 1.9 GW annual target, mainly due to reduced delivery to U.S customers affected by anti-dumping and countervailing duty investigations by the U.S. Department of Commerce and International Trade Commission Expected Net Income: The Company expects to achieve net income of approximately $10 million in 2024.
Japan's TOYO Co. Ltd on Monday said it will build a 2 gigawatt solar cell factory in Ethiopia that will provide duty-free components to a panel factory it is planning in the United States.
TOKYO , Oct. 14, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, is excited to announce its plan to establish a state-of-the-art solar cell manufacturing facility with an expected annual capacity of 2 gigawatts (GW). The Company has signed a lease agreement for the new facility that is strategically located in Hawassa, Ethiopia, taking advantage of the country's favorable investment policies, tariff status, and ample hydropower supply.
TOKYO , Oct. 10, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced Liang "Simon" Shi's appointment as the President. With a deep understanding of strategic investments in the renewable energy sector, Liang "Simon" Shi is poised to steer TOYO toward continued growth and industry leadership.
TOKYO , Oct. 1, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced its participation in the Renewable Energy India (REI) Expo 2024, taking place from October 3 to 5, 2024, at the India Expo Centre in Greater Noida. This year's expo is expected to attract over 50,000 visitors and 800 exhibitors, showcasing the latest advancements in renewable energy technologies.
TOKYO , Aug. 21, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced its financial results for the six months ended June 30, 2024. First Six Months of 2024 Highlights Revenues of $138.1 million versus $0 revenues in the first half of 2023 Gross Margin of 19.3% Net income of $19.6 million versus a loss of $1.9 million in the first half of 2023 985 MW shipped "We are pleased with our financial and operational achievements in the first half of 2024, highlighting our team's outstanding execution capabilities," said Junsei Ryu, Chairman and CEO of TOYO.
NEW YORK , Aug. 15, 2024 /PRNewswire/ -- TOYO Co., Ltd (NASDAQ: TOYO) a solar solution company, today announced it will host a conference call to discuss first half 2024 results on Wednesday, August 21, 2024. Conference Call Details are as follows: Date: Wednesday, August 21, 2024 Time: 9:30 AM ET Live Webcast: https://events.q4inc.com/attendee/398434630 The first half 2024 earnings release and related investor deck will be available on the investor relations website prior to the event.
What type of business is TOYO Co Ltd.?
TOYO Co., Ltd. engages in the upstream production of wafer and silicon, midstream production of solar cell, downstream production of photovoltaic (PV) modules, and other stages of the solar power supply chain. Additionally, the company also manufactures solar PV modules. The company was founded in 2022 and is based in Tokyo, Japan.
What sector is TOYO Co Ltd. in?
TOYO Co Ltd. is in the Technology sector
What industry is TOYO Co Ltd. in?
TOYO Co Ltd. is in the Solar industry
What country is TOYO Co Ltd. from?
TOYO Co Ltd. is headquartered in Japan
What is TOYO Co Ltd. website?
https://www.toyo-solar.com
Is TOYO Co Ltd. in the S&P 500?
No, TOYO Co Ltd. is not included in the S&P 500 index
Is TOYO Co Ltd. in the NASDAQ 100?
No, TOYO Co Ltd. is not included in the NASDAQ 100 index
Is TOYO Co Ltd. in the Dow Jones?
No, TOYO Co Ltd. is not included in the Dow Jones index
When was TOYO Co Ltd. the previous earnings report?
No data
When does TOYO Co Ltd. earnings report?
The next expected earnings date for TOYO Co Ltd. is 29 November 2024