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JA Solar posts profit and ups 2010 sales view

Tue, 08/10/2010 - 4:32am
Reuters

NEW YORK (Reuters) - JA Solar Holdings Co posted a second-quarter profit and raised its full-year sales forecast.

The Shanghai, China-based company said net income was $28.9 million, or 18 cents per American Depositary share, versus a loss of $28.5 million, or 18 cents per share, a year earlier.

Revenue jumped fourfold to $351 million from a year earlier.

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