China Sunergy (CSUN) Reports Q1 Loss of $0.82/ADS
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China Sunergy Announces First Quarter 2015 Financial Results
September 28, 2015 5:30 AM EDTNANJING, China, Sept. 28, 2015 /PRNewswire/ --Â China Sunergy Co., Ltd. (NASDAQ: CSUN) ("China Sunergy" or "the Company"), a specialized solar cell and module manufacturer, today announced its financial results for the first quarter ended March 31, 2015.
First Quarter 2015 Financial Highlights
Total revenue was US$91.5 million, a decrease of 27.8% from US$126.7 million in the fourth quarter of 2014. The revenue for self-branded products totaled US$84.3 million and the revenue for the products processed under the OEM arrangement was US$6.6 million. Shipments totaled 191.9 MW, a decrease of 37.2%... More