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Gintech Energy Has Released Its Financial Results for Third-Quarter 2014

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Core prompt: Crystalline silicon solar cell maker Gintech Energy has released its financial results for third-quarter 2014, recording consolidated revenues of NT$2.905 billion (US$95.9 million), gross ma

Crystalline silicon solar cell maker Gintech Energy has released its financial results for third-quarter 2014, recording consolidated revenues of NT$2.905 billion (US$95.9 million), gross margin of -8.07%, net operating loss of NT$410 million, net loss of NT$437 million and net loss per share of NT$1.08.

For January-September, Gintech posted consolidated revenues of NT$11.564 billion, gross margin of 5.41%, net operating profit of NT$106 million, net loss of NT$171 million and net loss per share of NT$0.42.

Gintech also reported consolidated revenues of NT$904 million for October, decreasing 14.24% on month and 39.88% on year, and January-October consolidated revenues totaled NT$12.467 billion, up 1.48% on year.

Gintech Suffers 3Q14 Loss

*Figures are consolidated

Source: TSE, compiled by Digitimes, November 2014

 
keywords: silicon solar cell, PV
 
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