JA Solar in modest upswing

JA Solar's China HQ

JA Solar's China HQ

JA Solar narrowed its net losses in the second quarter as the global PV market heals, but the pace of its recovery appears more sluggish than that of some of its peers. 

Like the other major Chinese PV manufacturers which have revealed their second-quarter financial performances, JA improved on nearly every key metric – from shipments to revenue to gross margin.

Yet the improvement, in most cases, was relatively modest.  JA, historically a cell specialist which has pivoted aggressively to include modules in recent years, shipped 464MW of PV kit during the first quarter – comfortably above its 430MW guidance.

Nevertheless, that performance represents just a 4.7% increase on the first quarter. By comparison, rival Trina Solar, which reported its results last week, saw a Log in to read complete article.

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