JA Solar Holdings (JASO) reported a first quarter loss per share of RMB 1.06 or $0.17, compared to a loss of RMB 1.28 in the year ago quarter. Net revenue was RMB 1.7 billion or $270.0 million, an increase of 4.7% from RMB 1.6 billion or $258.0 million last year.
JA Solar Holdings gapped up sharply Monday and is currently higher by 1.76 at $7.37 on the highest volume in 7 months. The stock has broken out past resistance and has set a new high for the year.
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