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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