LDK Solar’s earnings moved up 18 percent from 3Q to 4Q in 2007, with sales nearly tripling in that time year over year.
The solar company reported they locked in nine long-term wafer supply contracts in the final quarter of 2007.
In a striking sign of the effect the poly shortage is having on producers, LDK’s margins moved down from 42.9 percent to 30.1 percent. This figure may bounce when LDK’s new poly plant comes online next year.
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