London: Hanwha SolarOne's share price sank to its lowest level since July 2010 after the company reported lower-than-expected shipments in the final quarter of 2010 and forecast steep price declines this year.. Like many Chinese PV manufacturers, the company's 2010 revenues, earnings and shipments grew by magnitudes of scale over 2009 due to its explosive expansion.
But its fourth-quarter performance flopped well short of expectations and deteriorated compared to the third quarter, spooking investors.
Hanwha
