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10.03.2010 | 13:33
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BRIEF-ReneSola sees return to profit in Q1

LONDON, March 10 (Reuters) - ReneSola Ltd:

* Q4 2009 net revenues were US$179.9 million, an increase of 27.7% from Q3 2009

* Full year 2009 operating loss was US$90.6 million and an operating margin of

negative 17.7%

* Expect to return to profitability in the first quarter of 2010.'

* Anticipates solar wafer price declines in the range of 10% to 15% in the

second half of 2010

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Link: http://www.finanznachrichten.de/nachrichten-2010-03/16340269-brief-renesola-sees-return-to-profit-in-q1-020.htm