Suntech Power's Q3 Profit Rises as Revenues, Shipments Reach New Highs

Proactive Investor submits:

Solar panel producer Suntech Power (NYSE: STP) swung to a third quarter profit from the previous three-month period as shipments and revenues hit new quarterly highs.

For the third quarter, attributable net income was $33.1 million, or $0.18 per diluted American Depository Share (ADS), compared to a net loss of $174.9 million, or negative $0.97 per ADS, in the second quarter of 2010. Each ADS represents one ordinary share.

Complete Story »

By admin posted about 1 year ago

Filings 0 | Comments 0 | Views 63

• Huge Chinese Demand to Drive Uranium Export Boom seekingalpha.com

  World Market Pulse submits:China, the world's second largest economy, is bracing itself for a huge import of uranium in order to fulfill a part of its ever increasing energy requirements as the... See More

  By admin posted about 1 year ago

  Filings 0 | Comments 0 | Views 73

  
• China’s Hunger for Wood Raw Material Pushes Timber Prices Upward seekingalpha.com

  Hakan Ekstrom submits: Continued increases in demand for wood raw-material from sawmills, plywood plants and pulp mills in China has pushed domestic log prices upward and many Chinese companies... See More

  By admin posted about 1 year ago

  Filings 0 | Comments 0 | Views 30

  
• A Win-Win Breakthrough for Marcellus Shale Gas Drilling seekingalpha.com

  Kent Moors submits: We have discussed why the Marcellus Shale Play (MSP) is going to become one of the most significant energy basins in the U.S. (“Marcellus Shale About to Take... See More

  By admin posted about 1 year ago

  Filings 0 | Comments 0 | Views 29

  

No comment at the moment.