JA’s first-quarter net income was 35m yuan ($5.6m), compared to 85bn in the same quarter last year.
Operating cash flow was a negative 237.1m yuan, compared to a positive 198.2m in the first quarter of 2014.
The drop in profits came in spite of a 5% increase in first-quarter revenues, which came in at 2.4bn yuan.
In recent years JA’s primary focus has been transitioning from a cell specialist into a module supplier – and on that score it has been highly successful.
In
