JA Solar posts another quarterly loss

Wed Nov 28, 2012 6:31am EST

(Reuters) - Chinese solar equipment maker JA Solar Holdings Co Ltd (JASO.O) reported a sixth straight quarterly loss due to a sharp fall in panel prices.

Net loss for the third quarter was $59.1 million, or 30 cents per American Depositary Share (ADS).

Revenue fell 32 percent to $260.9 million.

The company reported a loss of $58.9 million, or 36 cents per ADS, for the same quarter last year.

(Reporting By Vishal Krishnan Menon and Garima Goel in Bangalore; Editing by Maju Samuel)