In an announcement ahead of the release of the company’s third quarter results next week, Trina says module shipments will be 375-385MW for the three months to the end of September, compared to previous guidance of 450-480MW.
The company also says that its overall gross margin will be a maximum 1.5% instead of the middle-single digits.
Trina says its margin will be hit by a non-cash inventory write-down, although it will also reverse prior provisions it had made in the event of anti-dumping and countervailing duties being levied by the US on a retroactive basis.
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