JA Solar said it expects to beat its first-quarter shipment forecasts, as it became the third major Chinese PV manufacturer to give investors a quick-fire view of trading in early 2014.
JA Solar expects shipments to surpass 620MW in the
January-March period, ahead of previous guidance of 580MW-610MW, preliminary
It added that it foresees “sequential gross margin
improvement” when it posts its full results in the first half of May.
Last week compatriots Yingli Solar and Trina Solar –
the world’s two biggest module makers – both revised their Q1 shipment
forecasts downwards, but simultaneously upped their expectations on gross
margins for the quarter.
Like its two rivals, JA Solar today held firm on
its full-year shipment guidance – in its case for between 2.7GW and 2.9GW of cells
and modules, including 200MW of module shipments to its downstream projects.
Last month JA Solar reported a strong end to 2013 –
including a return to profitability –and plans for international expansion in
the year ahead.