JA Solar Holdings Company Ltd., Announces 16% Gain In Q2 Earnings

(RTTNews) - JA Solar Holdings Company Ltd., (JASO) reported a profit for its second quarter that increased compared to the same period last year.

The company said its bottom line totaled RMB116.28 million, or RMB0.41 per share. This was higher than RMB100.40 million, or RMB0.33 per share, in last year's second quarter.

The company said revenue for the quarter rose 51.7% to RMB4.11 billion. This was up from RMB2.71 billion last year.

JA Solar Holdings Company Ltd., earnings at a glance:

-Earnings (Q2): RMB116.28 Mln. vs. RMB100.40 Mln. last year. -Earnings Growth (Y-o-Y): 15.8% -EPS (Q2): RMB0.41 vs. RMB0.33 last year. -EPS Growth (Y-o-Y): 24.2% -Revenue (Q2): RMB4.11 Bln vs. RMB2.71 Bln last year. -Revenue Change (Y-o-Y): 51.7%