First quarter revenue cut for LDK Solar

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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.

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