Artest 2019 Q1 earnings: component 1 delivery. 58 gw a net loss of $17. 2 million

Solar photovoltaic (pv) net news: recently, artest announced the first quarter of 2019. According to the results, artest shipments for 1575 MW photovoltaic components, including utilities to company size 52 MW solar project, in the first quarter of 2019 revenue recognition shipments for 1423 MW of solar energy components, after artest forecasts for the first quarter of 2019 to 1. 3 to 1. 4GW。

in the first quarter of this year, artest total revenue of 4. $84. 7 billion, a net loss of $17. 2 million and diluted 0 per share. $29, gross margins to 1. $07. 4 billion, the gross margin is 22. 2%. After RON artest in the first quarter of 2019 gross margin is expected to 16. 0% to 18. Gross margin in the first quarter of 0%, artest said better than expected, mainly because of blending components manufacturing cost is lower than the previous forecast.

as of April 30, 2019, artest utility scale solar projects (late Including the construction of) A total of about 3. 1525 MWp 4 GWp, including the United States, Brazil, 482. 6 MWp, Mexico 368 MWp, 294. 8 MWp Japan, China's 100 MWp, Australia, Argentina, Canada, Israel, Taiwan, the Philippines, India, Malaysia, an additional 651 Italy and South Korea. 5 MWp。

RON artest is expected in the second quarter of 2019, company will in about 1 pv module shipments. 95 gw to 2. 05 gw range, including about 50 mw company utility scale solar power generation project shipments may not be able to confirm for the second quarter of 2019.

RON artest in the second quarter of 2019 revenue is estimated to be 9. 700 million dollars to 10. Between the 100 million dollars. In the second quarter gross margin is expected to between 13% and 15%. It contains a Mustang project sales, if not including Mustang project, in the second quarter gross margin is expected to between 16% and 18%.

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