JA Solar Holdings Co., Ltd. (JASO) reported that its first-quarter net loss available to ordinary shareholders narrowed to RMB 204.33 million or $32.90 million from the prior year's RMB 250.90 million. Loss per share for the quarter was RMB 1.06 or $0.17, compared to a loss of RMB 1.28 in the year ago quarter.
Loss per ADS in the first quarter of 2013 was RMB 5.29 or $0.85.
Net revenue in the first quarter of 2013 was RMB 1.7 billion or $270.0 million, an increase of 4.7% from RMB 1.6 billion or $258.0 million in the first quarter of 2012.
Total shipments in the first quarter of 2013 were 442.7 MW, consisting of 248.0 MW of modules, 189.5 MW of cells, and 5.2 MW of module and cell tolling. This represents an increase of 20.9% from 366 MW in the first quarter of 2012. The sequential decline in shipment volumes was primarily due to seasonality.
For the second quarter of 2013, the Company expects total shipments to be between 410 MW and 430 MW. The Company's full year guidance of 1.7 GW to 1.9 GW remains unchanged.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.