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JA Solar Posts 1Q Loss, Says Will Miss '09 Outlook
Stock quotes in this article:
JASO
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The Associated Press
JA Solar Holdings Co. posted a first-quarter loss Tuesday, saying the recession sharply cut into demand for its products.
For the three-month period ended March 31, the solar parts maker posted a loss of 193.3 million yuan ($28.3 million, or 18 cents per share), compared with a profit of 154.5 million yuan a year earlier.
Revenue fell 79 percent to 231.7 million yuan ($33.9 million) from 1.12 billion yuan. ...
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