Buoyant Trina Solar back in profit

Trina Solar joined the small but growing band of Chinese PV manufacturers with a profit to their name in the third quarter of 2013, and boosted its full-year shipment guidance.

Trina posted a net profit of $9.9m for the July-September period, wiping out a loss of $33.7m in the second quarter.

It shipped 775MW in the third quarter, up from 647MW in the prior three months and well ahead of the 380MW of shipments achieved at the same stage in 2012.

The company now expects to ship between 2.58GW and 2.62GW of modules this year, up from its previous forecast of 2.3GW-2.4GW.

Trina boosted its gross profit margin to 15.2%, compared to 11.6% in the second quarter.

The profitable Q3 puts Trina in the same Log in to read complete article.

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