Several China-based solar power companies are reporting lackluster earnings today.
) posted a loss in the third quarter of $0.36 per American depositary share, compared to earnings of $0.49 per share last year.
JA Solar also cut its full year shipments forecast.
Solar panel producer Suntech Power Holdings
) reported it swung to a loss in the third quarter, of $116 million, or $0.64 per American depositary share, from a profit of $0.18 per share last year.
The loss was much wider than analysts expected.
And, photovoltaics maker LDK Solar
) also swung to a loss of $114.5 million, or $0.87 per American depositary share, compared to earnings of $93.4 million, or $0.72 per American depositary shares, last year.
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