Second Quarter 2012 Financial and Operating Highlights
Solar module shipments were approximately 419 MW for the second quarter of 2012, following the Company's revised guidance of 390 MW to 420 MW, representing an increase of 10.2% sequentially
Net revenues were $346.1 million, a decrease of 1.1% sequentially
The Company had no incremental provisions for potential anti-dumping and countervailing duties (ADCVD), compared to $26.2 million in the first quarter of 2012
Gross profit was $29.0 million, an increase of 43.1% sequentially
Gross Margin, including non-cash inventory write-down totaling $26.1 million and impairment for property, plant and equipment of $12.8 million, was 8.4%, following the Company's revised guidance of 7.0% to 9.0%, compared to 5.8% in the first quarter of 2012
Impact of non-cash inventory write-down to gross Margin was 7.5%
Loss from operations, including accounts receivables provision of $44.1 million, was $78.6 million, compared to operating loss of $39.9 million in the first quarter of 2012
Operating Margin was negative 22.7%, compared to negative 11.4% in the first quarter of 2012
Impact of accounts receivables provision to operating Margin was 12.7%
Net loss was $92.1 million, compared to net loss of $29.8 million in the first quarter of 2012
Earnings per fully diluted American Depositary Share ("ADS") were negative $1.30, compared to negative $0.42 in the first quarter of 2012 (each ADS represents 50 ordinary shares)
Solar module shipments were approximately 419 MW for the second quarter of 2012, following the Company's revised guidance of 390 MW to 420 MW, representing an increase of 10.2% sequentially
Net revenues were $346.1 million, a decrease of 1.1% sequentially
The Company had no incremental provisions for potential anti-dumping and countervailing duties (ADCVD), compared to $26.2 million in the first quarter of 2012
Gross profit was $29.0 million, an increase of 43.1% sequentially
Gross Margin, including non-cash inventory write-down totaling $26.1 million and impairment for property, plant and equipment of $12.8 million, was 8.4%, following the Company's revised guidance of 7.0% to 9.0%, compared to 5.8% in the first quarter of 2012
Impact of non-cash inventory write-down to gross Margin was 7.5%
Loss from operations, including accounts receivables provision of $44.1 million, was $78.6 million, compared to operating loss of $39.9 million in the first quarter of 2012
Operating Margin was negative 22.7%, compared to negative 11.4% in the first quarter of 2012
Impact of accounts receivables provision to operating Margin was 12.7%
Net loss was $92.1 million, compared to net loss of $29.8 million in the first quarter of 2012
Earnings per fully diluted American Depositary Share ("ADS") were negative $1.30, compared to negative $0.42 in the first quarter of 2012 (each ADS represents 50 ordinary shares)
21/8 2012 16:51 RoxyTrooper 060124
kan ikke helt forstå hvorfor den stiger +5 procent nu ... bliver den shortet yderligere? Eller er det bedre "nyheder" end ventet ...
Der er nok noget bedre end man kunne frygte sentiment.
Hvis man virkelig høre en CEO med engelsk vanskeligheder så....
http://edge.media-server.com/m/p/5p99e48o/lan/en
Budskabet til ham, få en anden til at præsentere!
Hvis man virkelig høre en CEO med engelsk vanskeligheder så....
http://edge.media-server.com/m/p/5p99e48o/lan/en
Budskabet til ham, få en anden til at præsentere!
Der er næsten 50 minutters Q&A! Han siger muligt 45 cents non poly costs.