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China Sunergy reports 46% fall in revenues to USD 59.5 million in 3Q 2012


30 Nov. 2012 by

SOLARSERVER - China Sunergy Company Ltd. (Nanjing, China) has released financial results for the third quarter of 2012, reporting a 46% sequential decline in revenues to USD 59.5 million, with a 45% fall in shipments.


The company also reported a -47% operating margin and a net loss of USD 23.2 million. However, China Sunergy reports successful geographical diversification during the quarter, with a greater share of revenues coming from markets including Australia, France and Japan.

 

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