Thursday, Solarfun Power Holdings Co. Ltd (SOLF) said it anticipates third-quarter total revenues to be between RMB918 million and RMB984 million.
"The third quarter of 2009 is progressing well. Our order patterns are strong as we are seeing an improvement in end market demand. Our efforts to realign supply costs to reflect current market pricing combined with our increase in production capacity at our in-house ingot and wafer manufacturing facilities should allow us to achieve healthy margins in the third quarter. We continue to face a highly competitive pricing environment, but we remain fully confident in our ability to win business as market demand recovers," said Peter Xie, President of Solarfun.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.