Friday, August 28, 2015

Suspended Hanergy Thin Film's First-Half Profit Reverses To Loss

Forbes - Markets
Suspended Hanergy Thin Film's First-Half Profit Reverses To Loss
Hanergy Thin Film Power, the Hong Kong-listed solar energy business whose shares have been suspended since May 20 when a plunge in their price wiped out $19 billion of market capitalization in minutes, yesterday posted a loss of HK$59.3 million, or $7.7 million, for the six months ended June 30.  That compares with net income of HK$1.7 billion a year earlier.

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