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Trina Shows Better Than Expected Results

Chinese solar company Trina Solar Ltd (TSL.N) posted a quarterly profit on Monday that beat Wall Street expectations thanks to lower prices on its key raw material, polysilicon. Shares rose 1.4 percent in extended trade after the company also maintained its full-year shipments outlook and said it would expand production capacity by the end of this year.

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Print August 18, 2009, 01:56 (CEST)
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