China Sunergy (CSUN) Reports Q2 Loss of $0.71/Share

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Go back to China Sunergy (CSUN) Reports Q2 Loss of $0.71/Share

China Sunergy Announces Second Quarter 2015 Financial Results

November 23, 2015 4:30 AM EST

NANJING, China, Nov. 23, 2015 /PRNewswire/ -- 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 second quarter ended June 30, 2015.

Second Quarter 2015 Financial Highlights

Total revenue was US$87.5 million, a decrease of 4.3% from US$91.5 million in the first quarter of 2015. The revenue for self-branded products totaled US$86.6 million and the revenue for the products processed under the OEM arrangement was US$0.9 million. Shipments totaled 184.5MW, a decrease of 3.8%... More