China Sunergy Co. Ltd. announced unaudited consolidated financial results for the fourth quarter and full year ended December 31, 2014. For the quarter, total sales were $126,651,000 against $125,496,000 for the same period of last year. Loss from operations was $2,824,000 against $7,326,000 for the same period of last year. Loss before income tax was $10,531,000 against $12,754,000 for the same period of last year. Net loss attributable to ordinary shareholders was $9,998,000 against $13,163,000 for the same period of last year. Net loss attributable to ordinary shareholders per basic and diluted ADS was $0.67 against $0.89 for the same period of last year. Total revenue increased from $63.3 million in the third quarter of 2014, primarily driven by higher shipments from both modules and cells.

For the year, total sales were $341,108,000 against $316,186,000 for the same period of last year. Loss from operations was $30,963,000 against $37,237,000 for the same period of last year. Loss before income tax was $55,881,000 against $50,482,000 for the same period of last year. Net loss attributable to ordinary shareholders was $56,097,000 against $50,609,000 for the same period of last year. Net loss attributable to ordinary shareholders per basic and diluted ADS was $4.08 against $3.68 for the same period of last year

For the full-year 2015, the company estimates total shipment, including OEM arrangements will range between 900 MW to 1,000 MW, an increase of 17% to 30% from full-year 2014.