Suntech
–
the
world’s
biggest
PV
module-maker
–
made
an
accounting
provision
of
$19.2m
in
its
latest
results
to
reflect
the
possible
effect
of
preliminary
anti-dumping
tariffs
on
China-made
cells
announced
by
the
US
government
last
week,
plus
countervailing
duties
unveiled
in
March.
The
provision,
equivalent
to
4.7%
of
revenues,
hit
the
company’s
gross
profit
margin
in
the
January-March
quarter,
which
fell
to
0.6%,
down
from
9.9%
in
the
last
three
months
of
2011
and
almost
21%
at
the
same
stage
last
year.
But
Suntech
insists
the
impact
will…
