Hanwha SolarOne (HSOL) Reports Q4 Loss of RMB7.70/Share; Guides Q1, FY13 Shipments

Hanwha SolarOne (NASDAQ: HSOL) reported Q4 loss of RMB7.70 per share, versus (RMB10.22) reported last year. Revenue for the quarter came in at RMB836.7 million, versus RMB978.27 million reported last year.

PV module shipments, including module processing services, were 198.9 MW, a decrease of 17.0% from 239.5 MW in 3Q12, and an increase of 5.2% from 189.1 MW in 4Q11.

For the first quarter 2013 the Company expects:

* Module shipments 300MW or above.

For the full year 2013, the Company expects:

* Module shipments between 1.3-1.5GW of which about 30-35% will be for PV module processing services.
* Capital expenditures of $50 million depending on demand and other market conditions.

For earnings history and earnings-related data on Hanwha SolarOne (HSOL) click here.

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