China Sunergy Co. Ltd. Announces Unaudited Consolidated Financial Results for the Fourth Quarter and Full Year Ended December 31, 2014; Provides Shipments Guidance for the Full Year 2015
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.