First quarter revenue cut for LDK Solar

Share

The company's full year target revenue remains. LDK Solar announced yesterday that its forecast for solar wafer sales in the quarter is also lowered expecting a sales total of between 625 to 635 megawatts from the 610 to 660 megawatts that was previously expected.

Solar modules are also seen to see a fall in sales from the previously predicted range of 120 to 140 megawatts to between 109 to 114. The company's previous guidance were made for in-house polysilicon production to be between 2,300 MT and 2,400 MT and in-house cell production, between 45 MW and 50 MW. The modified forecast for in-house polysilicon production is now 2,450 MT to 2,470 MT and in-house cell production will hit 44 to 46 MW.

LDK Solar's shares decreased by less than one percent in the post-market trading to $11.32.

Popular content

This content is protected by copyright and may not be reused. If you want to cooperate with us and would like to reuse some of our content, please contact: editors@pv-magazine.com.

Share

Related content

Elsewhere on pv magazine...

Leave a Reply

Please be mindful of our community standards.

Your email address will not be published. Required fields are marked *

By submitting this form you agree to pv magazine using your data for the purposes of publishing your comment.

Your personal data will only be disclosed or otherwise transmitted to third parties for the purposes of spam filtering or if this is necessary for technical maintenance of the website. Any other transfer to third parties will not take place unless this is justified on the basis of applicable data protection regulations or if pv magazine is legally obliged to do so.

You may revoke this consent at any time with effect for the future, in which case your personal data will be deleted immediately. Otherwise, your data will be deleted if pv magazine has processed your request or the purpose of data storage is fulfilled.

Further information on data privacy can be found in our Data Protection Policy.