BEIJING — JA Solar announced that shipments for the fourth quarter of 2015 were expected to be in the range of 1.32 GW to 1.35 GW, exceeding the Company’s previously provided shipment guidance of 1.1 GW to 1.2 GW. As anticipated, nearly all shipments were to external customers.
The new expectation for fourth quarter shipments results in full year 2015 shipments in the range of 3.92 GW to 3.95 GW.
The Company now expects its total revenue for the fourth quarter of 2015 to be in the range of RMB 4.4 billion to RMB 4.6 billion. Gross margin for the fourth quarter of 2015 is expected to be in the range of 16.4% to 17.4%.
These preliminary estimated results are subject to finalization of the Company’s financial closing procedures. The Company’s actual results may differ from its current estimates.
About JA Solar Holdings Co., Ltd.
JA Solar Holdings Co., Ltd. is a leading manufacturer of high-performance solar power products that convert sunlight into electricity for residential, commercial, and utility-scale power generation. The Company is one of the world’s largest producers of solar power products. Its standard and high-efficiency product offerings are among the most powerful and cost-effective in the industry. The Company distributes products under its own brand and also produces on behalf of its clients. The Company shipped 3.1 GW of solar power products in 2014. JA Solar is headquartered in Beijing, China, and maintains production facilities in Shanghai, Hebei, Jiangsu and Anhui provinces in China, as well as Penang, Malaysia.