DALLAS, June 22, 2010 (GLOBE NEWSWIRE) -- MicroStockProfit.com announces an investment report featuring JA Solar Holdings Co. Ltd. (Nasdaq:JASO). The report includes financial, comparative and investment analyses, and industry information you need to know to make an educated investment decision.
The full report is available at: www.microstockprofit.com/lp/JASO
JA Solar Holdings Co. Ltd. (JASO) is engaged in the development, production and marketing of photovoltaic (PV) solar cells that convert sunlight into electricity, in the People's Republic of China (PRC). Its solar cells are assembled and integrated into solar modules and systems that convert sunlight into electricity through a process known as the photovoltaic effect. Substantially all of the Company's business is conducted through the operating subsidiaries, JingAo Solar Co. Ltd. (JA Hebei), Shanghai JA Solar PV Technology Co. Ltd. (JA Zhabei) and JA Solar Technology Yangzhou Co. Ltd. (JA Yangzhou), in which the Company indirectly holds a 100% interest. JASO also produces and sells monocrystalline and multicrystalline solar cells.
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In the report, the analyst notes:
"Revenue in the first quarter of 2010 was RMB 1.9 billion ($279.2 million), an increase of 17.1% from RMB 1.6 billion ($238.4 million) reported in the fourth quarter of 2009. Gross margin was 22.9% in the first quarter of 2010, compared with 20.5% in the fourth quarter of 2009, reflecting a high utilization rate and continuous manufacturing process improvement and cost control efforts.
"JASO recently announced at Intersolar Europe that it has partnered with the Energy research Centre of the Netherlands (ECN) to introduce the metal wrap through (MWT) solar cell and module technology into production."
To read the entire report visit: www.microstockprofit.com/lp/JASO
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