Both Suntech’s third-quarter sales and earnings are down significantly on last year’s figures. The firm turned over sales of $473.1m in the third quarter, down from $594.4m in the same period last year. Net income fell to $29.8m from $42.6m.
But Suntech appears to have put the worst of the solar slump behind hit, recording a 47% improvement in sales compared to the second quarter, while more than doubling its earnings.
The
