Canadian Solar Inc. Second-quarter earnings reported net profit of 212.6 million U.S. dollars

Photovoltaic system developers Canadian Solar Inc. (CSI) second quarter financial statements show that, by June 30, 2008 the company realized a net profit of 212.6 million U.S. dollars, compared with the same period last year 060.4 million U.S. dollars. Company net income of 010.5 million U.S. dollars, earnings per share 0.36 U.S. dollars, compared to less than the same period last year 002.9 million U.S. dollars, earnings per share 0.11 U.S. dollars.

The first half of fiscal 2008 the company reported net income of 029.5 million U.S. dollars, 101 million U.S. dollars net income per share, compared with the same period last year fell 0.0672 billion U.S. dollars, earnings per share 0.25 U.S. dollars, the 2008 first half net profit amounted to 3.8382 billion dollars, year-on-year Growth of 077.9 million U.S. dollars.

Canadian Solar Inc. chief executive chairman, Qu Xiaohua, said: "This quarter, the company is an important moment." We marked five consecutive quarter of profit growth, while profit also increased accordingly.

Source: 硅业在线 Aug. 15, 2008