Xinyi Solar Holdings Limited Provides Consolidated Earnings and Production Guidance for the Six Months Ending June 30, 2014
In the first half of 2014, the global demand for solar modules and solar glass continue to increase which result in the increases in the average selling prices of the ultra-clear photovoltaic raw glass and ultra-clear photovoltaic processed glass produced by the Group, as compared with the price levels during the six months ended June 30, 2013. The price increases improve the gross profit margin of the Group and strengthen the overall profitability of the Group during the six months ending June 30, 2014.