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More on JA Solar's Q2 results, shares -1.7% premarket

  • JA Solar's (JASO) Q2 loss shrank as it shipped more solar panels to newer markets such as Japan.
  • Q2 shipments totaled 463.7 MW, +11% Y/Y and +4.7% Q/Q, and above company guidance of 430 MW.
  • Asia Pacific region, excluding China, contributed to 34% of shipments vs. 13.6% a year ago.
  • Gross margin was 8.1% vs. 6.0% in Q1 and 4.8% in the year-ago quarter.
  • Sees Q3 cell and module shipments of 450-470 MW; full-year guidance of 1.7-1.9 GW is unchanged.
  • JASO -1.7% premarket.
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