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ReneSola posts third quarter loss

Wed, 11/23/2011 - 5:23am
Reuters

(Reuters) - Chinese solar products maker ReneSola posted a third-quarter loss and forecast a weak fourth quarter, hurt by weak demand in its key markets.

For the fourth quarter, the solar wafers and power products maker expects revenue of $140-$150 million.

Analysts, on average, expect the company to post revenue of $221.3 million, according to Thomson Reuters I/B/E/S.

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