JA Solar Holdings Company Ltd., Q1 Profit Climbs 352%

(RTTNews) - JA Solar Holdings Company Ltd., (JASO) released earnings for its first quarter that advanced compared to the same period last year.

The company said its bottom line totaled RMB157.97 million, or RMB0.55 per share. This was higher than RMB34.98 million, or RMB0.12 per share, in last year's first quarter.

The company said revenue for the quarter rose 44.6% to RMB3.47 billion. This was up from RMB2.40 billion last year.

JA Solar Holdings Company Ltd., earnings at a glance:

-Earnings (Q1): RMB157.97 Mln. vs. RMB34.98 Mln. last year. -Earnings Growth (Y-o-Y): 351.6% -EPS (Q1): RMB0.55 vs. RMB0.12 last year. -EPS Growth (Y-o-Y): 358.3% -Revenue (Q1): RMB3.47 Bln vs. RMB2.40 Bln last year. -Revenue Change (Y-o-Y): 44.6%