Q-Cells Narrows Nine-Month Loss After Curbing Costs, Expanding in Malaysia
BLOOMBERG - Q-Cells SE, the German solar-cell maker that’s declined more than two-thirds in the stock market this year, narrowed its nine-month loss after increasing sales and moving more production to Malaysia to curb costs.
The net loss shrunk to 31 million euros ($42 million) from a 932 million-euro loss a year earlier, Thalheim-based Q-Cells reported today in a filing . Revenue climbed 79 percent to 967 million euros. The company’s shares rose 10 percent.