DALLAS, Oct. 29, 2009 (GLOBE NEWSWIRE) -- StockPreacher.com announces an investment report featuring LDK Solar Co Inc. (NYSE:LDK). The report includes financial, comparative and investment analyses, and pertinent industry information you need to know to make an educated investment decision.
The investment report on LDK Solar Co. Inc. (NYSE:LDK) should be of particular interest to other solar manufacturers: MEMC Electronic Materials Inc. (NYSE:WFR), ReneSola Ltd. (NYSE: SOL), Evergreen Solar (NASDAQ: ESLR) and Trina Solar Ltd (NYSE:TSL).
The full report is available at: http://www.stockpreacher.com/n/LDK
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LDK Solar Co. Ltd. (LDK) is a manufacturer of multicrystalline solar wafers. The Company sells multicrystalline wafers globally to manufacturers of photovoltaic (PV) products, including solar cells and solar modules. In addition, the Company provides wafer processing services to monocrystalline and multicrystalline solar cell and module manufacturers.
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In the report, the analyst notes:
"LDK's results for the second quarter of 2009 reflect the prevailing operational challenges for the solar industry. The continued decline in prices for solar wafers impacted the Company's top and bottom lines and required an additional inventory write-down for the Company, which significantly impacted its margins in the second quarter. As part of its ongoing efforts to realign its near-term strategy and operations with current industry dynamics, LDK will maintain focus on improving its cost structure, increasing wafer sales and ramping up polysilicon production.
"LDK yesterday released an updated outlook for its third quarter 2009 financial results. For the third quarter of 2009, LDK expects to report between $270 million and $290 million in revenue with wafer shipments between 310 megawatts ("MW") to 330 MW and module shipments between 5 MW to 10 MW. The Company's prior guidance for the third quarter was revenue of $240 to $270 million, wafer shipments of 260 MW to 300 MW and module shipments of 10 MW to 20 MW. This outlook for the three months ended September 30, 2009 is an estimate. Results are subject to change based on further review by the management."
To read the entire report visit: http://www.stockpreacher.com/n/LDK
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