The German PV equipment manufacturer has posted financial results for the first nine months of 2017, projecting a protracted investment cycle for CIGS thin-film production. The company expects another prepayment from its major Chinese customer CNBM by the year's end.For the first nine months of 2017, German equipment manufacturer Singulus reported sales of € 63.6 million ($ 73.9 million), which is significantly up from the last year's € 36.7 million ($ 42.6 million). Meanwhile, on the operating basis (EBIT), the company realized a slightly positive result of € 0.4 million ($ 0.46 million), bouncing back from the last year's € -14.8 million ($ -17 million).
Order backlog, however, stood at € 53.4 million ($ 62 million), well below the prior-year level of ...Den vollständigen Artikel lesen ...