China manufacturer of solar wafers Zhejiang Yuhui Solar Energy Corporation (ReneSola) 21, At the U.S. issued a press release before the market opened under the revised 2009 outlook: revenue of $ 5-5.5 one hundred million U.S. dollars (Thomson Reuters analysts expected 5.857 comprehensive one hundred million U.S. dollars), lower than the previous forecast of 6.5-7 million; shipments will reach 450-500 megawatts (MW), lower than the previous forecast of 620-670MW.
Yuhui the 21st also announced the 2009 first quarter (January-March) earnings: earnings per share for the quarter amounted to $ 0.02, better than the Thomson Reuters analyst expectations of $ 0.01 integrated; revenue reduction from 13% to 107 million dollars, lower than market expectations of $ 113 million.
Chinese crystalline silicon solar cell manufacturers Suntech (Suntech Power Holdings Inc.) 21 日 also pointed out that in 2009 shipments expected to reach 600-700 megawatts (MW), lower than the previous estimate of 800MW. Suntech and said, intends to issue 20 million shares of American Depositary Shares (ADS), in recognition per ordinary share.
Yu Hui in London Stock Exchange-listed stocks on the 21st fell 11.55% to close at 113 pence. Suntech's stock listed on the New York Stock Exchange also fell 14.91 percent on the 21st, to close $ 13.47. Other U.S. solar stocks fell 21 also showed the trend. Crystalline silicon solar cell mppt solar charge controller manufacturers SunPower fell 4.55% to close at $ 27.08. First Solar thin-film solar module plant fell 4.55 percent to close at 193.2 U.S. dollars.
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