Solarfun Power Holdings Co. Ltd. is Today's Focus Stock on MicroStockProfit.com
September 08 2010 - 6:50AM
MicroStockProfit.com announces an investment report featuring
Solarfun Power Holdings Co. Ltd. (Nasdaq:SOLF). The report includes
financial, comparative and investment analyses, and industry
information you need to know to make an educated investment
decision.
The full report is available at:
www.microstockprofit.com/lp/SOLF
Solarfun Power Holdings Co. Ltd. (SOLF) is a manufacturer of
silicon ingots, photovoltaic (PV) cells and PV modules in China.
The Company manufactures a variety of silicon ingots, PV cells and
PV modules. The Company also provides PV cell processing services
and PV module processing services. It sells PV cells and PV modules
both directly to system integrators and through third-party
distributors. During the year ended December 31, 2008, the Company
sold its products to over 40 customers, in Germany, Spain and
Italy, as well as several other European countries. The Company
conducts its business in China through its operating subsidiary,
Linyang China. In February 2008, the Company established Solarfun
Power Deutschland GmbH. On August 1, 2008, the Company acquired the
remaining 48% equity interest in Yangguang Solar.
Message Board Search for SOLF:
http://www.boardcentral.com/boards/SOLF
In the report, the analyst notes:
"Total net revenues were RMB 1,752.7 million (US$ 258.5
million), an increase of 18.8% from 1Q10 and an increase of 105.1%
from 2Q09. The increase in net revenues in 2Q10 was primarily due
to significantly higher shipment volumes, which reflect improved
industry demand as well as growth in the Company's production
capacity.
"SOLF recently announced the opening of an
office in Lille, France, to enhance its service to customers and
partners in the region. France is an important PV market in
Europe with forecast installed capacity in excess of 600 MW for
2010. SOLF's French installed base is expected to grow to
approximately 15 MW in 2010, driven by established relationships
with leading developers like Ecostream, Scatec and
Meridian."
To read the entire report visit:
www.microstockprofit.com/lp/SOLF
See what investors are saying about SOLF at
http://www.stockhideout.com
Get breaking news on SOLF at http://thestockmarketwatch.com/
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Solarfun Power Holdings CO., Ltd. ADS, Each Representing Five Ordinary Shares (MM) (NASDAQ:SOLF)
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