Solar Stock Alert for Solarfun Power Holdings Co. Ltd. Issued by StockPreacher
April 08 2010 - 6:50AM
StockPreacher.com announces an investment report featuring Solarfun
Power Holdings Co. Ltd. (Nasdaq:SOLF). The report includes
financial, comparative and investment analyses, and industry
information you need to know to make an educated investment
decision.
The full report is available at:
http://www.stockpreacher.com/n/SOLF
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Solarfun Power Holdings Co. Ltd. (SOLF) is a vertically
integrated manufacturer of silicon ingots, photovoltaic (PV) cells
and PV modules in China. It offers monocrystalline and
multicrystalline silicon cells and modules, monocrystalline ingots
and raw materials. In addition, SOLF provides PV cell and PV module
processing services. The Company sells its products directly and
through third party distributors to solar power system integrators
and distributors. It operates primarily in the People's Republic of
China, Germany, Spain and Italy. SOLF conducts its business in
China through its operating subsidiary, Linyang China. The Company
has achieved an aggregate annual manufacturing capacity of 360 MW.
As part of its expansion plans, the Company has also added capacity
of 15 MW for automated Building Integrated PV (BIPV).
Message Board Search for SOLF:
http://www.boardcentral.com/boards/SOLF
In the report, the analyst notes:
"For the fourth quarter ended December 31, 2009, SOLF reported
total net revenues of RMB 1,252.7 million ($183.5 million), an
increase of 26.9% from RMB 986.8 million in the third quarter of
2009 and an increase of 11.6% from RMB 1,122.7 million in the
fourth quarter of 2008. The sequential increase was primarily due
to higher shipment volumes reflecting improved industry demand as
well as a change in the revenue mix.
"Having seen significant shipment growth as it crossed the 300
MW shipment threshold last year, SOLF said it expects shipment
volumes for the full 2010 fiscal years to total approximately
600MW, including PV module processing that would account for
approximately 20% to 30% of the total shipments."
To read the entire report visit:
http://www.stockpreacher.com/n/SOLF
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Solarfun Power Holdings CO., Ltd. ADS, Each Representing Five Ordinary Shares (MM) (NASDAQ:SOLF)
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