The April-to-June period represented the first full financial quarter for the New York-listed company following the merger of China-based Hanwha SolarOne and Germany-based Hanwha Q Cells in early 2015.

Both companies – and the newly merged one, named Hanwha Q Cells – are controlled by South Korea’s Hanwha Chemical.

In the first quarter, the Seoul-based company was weighed down by a $22.1m