29 Feb '16, 7am

JA Solar announces preliminary results for Q4, 2015; PV shipments exceed guidance

JA Solar Holdings Co., Ltd. (Beijing, China) on February 25th , 2016 announced that solar photovoltaic (PV) shipments for the fourth quarter of 2015 were expected to be in the range of 1.32 GW to 1.35 GW, exceeding the Company's previously provided shipment guidance of 1.1 GW to 1.2 GW. As anticipated, nearly all shipments were to external customers. The new expectation for fourth quarter shipments results in full year 2015 shipments in the range of 3.92 GW to 3.95 GW. The Company now expects its total revenue for the fourth quarter of 2015 to be in the range of RMB 4.4 billion to RMB 4.6 billion (approx. USD 637 million to USD 704 million). Gross margin for the fourth quarter of 2015 is expected to be in the range of 16.4% to 17.4%. These preliminary estimated results are subject to finalization of the Company's financial closing procedures. The Company's actual results m...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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