- Category: Business
23 Nov 2011
- Published on Wednesday, 23 November 2011 01:45
- Hits (4939)
Suntech Power Holdings Company, the world’s largest manufacturer of solar photovoltaic panels, marked a third-quarter loss of $116.4 million despite improved product shipments and sales. The Wuxi-based company’s quarterly revenue rose to $809.8 million, an increase of 8.9 percent year-over-year. However, a drop in average selling price for PV products has lead to a 2.5 percent sequential drop in sales.
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