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China Sunergy's loss widens as panel prices remain weak
July 1, 2013 / 11:29 AM / 4 years ago

China Sunergy's loss widens as panel prices remain weak

July 1 (Reuters) - Solar panel maker China Sunergy Co Ltd reported a bigger first-quarter loss as prices continued to fall.

Net loss widened to $22.9 million, or $1.71 per American Depositary Share (ADS), in the quarter ended March 31, from $9.6 million, or 71 cents per ADS, a year earlier.

Revenue fell 10 percent to $61.7 million.

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