Third Quarter 2013 Financial and Operating Highlights
Solar module shipments were approximately 775 MW during the third quarter of 2013, an increase of 19.8% from the second quarter of 2013
Net revenues were $548.4 million, an increase of 24.4% from the second quarter of 2013
Gross profit was $83.4 million, an increase of 62.9% from the second quarter of 2013
Gross margin was 15.2%, compared to 11.6% in the second quarter of 2013
The Company recorded an accounts receivable provision of $9.9 million in the third quarter of 2013
Operating income was $6.0 million, compared to an operating loss of $23.9 million in the second quarter of 2013
Operating margin was 1.1%, compared to negative 5.4% in the second quarter of 2013
Net income was $9.9 million, compared to a net loss of $33.7 million in the second quarter of 2013
Earnings per fully diluted American Depositary Share ("ADS" and each ADS represents 50 of the Company's ordinary shares) was $0.14, compared to loss per fully diluted ADS of $0.47 in the second quarter of 2013