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E-Ton Solar Sales Continue Decline on US Anti-dumping Decision

  • Thursday, August 28, 2014
  • Source:ferro-alloys.com

  • Keywords:solar,silicon,E-ton solar
[Fellow]Taiwan-based solar cell producer, E-Ton Solar Tech reported a second severe sequential decline in revenue for July, 2014.

[Ferro-Alloys.com] Taiwan-based solar cell producer, E-Ton Solar Tech reported a second severe sequential decline in revenue for July, 2014.

E-Ton Solar reported revenue of NT$355.2 million in July, down from NT$422.1 million (US$14.03 million) in the previous quarter.

The fall in revenue was expected, due to US anti-dumping preliminary findings and customers holding-off from orders awaiting the decision. E-Ton Solar received a preliminary US dumping duty of 35.89% that was later revised down due to administrative errors to 24.23%.

  • [Editor:Yueleilei]

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