Ja solar holdings co., LTD., shares soared before Monday, after the company announced its first-quarter loss narrowed, thanks to stronger than expected demand.
By the end of the quarter ended on March 31st 2010, ja solar loss available to common shareholders of a total of 2.043 million yuan ($32900000), or American depository 1.06 yuan per share (17 cents), more than 250.9 million yuan, or $1.28 per ADS, in the same season in 2012.
Revenue increased by 5%, from RMB 160 million to RMB 168 million (us $270 million).
Shipments of 442.7 mw, 248 mw modules, 189.5 mw cells, 5.2 mw components and battery materials processing. The company had expected 430 megawatts.
China, the company said it improved, especially in the solid sales in major markets has higher average selling prices, thereby increasing profits loss-mitigation.
Solar power companies have to struggle a lot in the past year, decrease in the prices of the panels after injury, the Chinese government to the industry of hundreds of small players. New companies have sprung up in 2011, even in western countries, by the global financial crisis, cut subsidies. Supply, sales growth, forcing the seller price cut unprofitable levels.
, said for the current quarter, ja solar expects shipments between a total of 410 mw and 430 mw. For all the shipments are expected to reach 1.7 gw and 1.9 gw.



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