Revenues were $111.6 million for the second quarter of 2008, a 98.6% increase, compared to $56.22 million for the same period of 2007. Gross profit was $11.62 million for the second quarter of 2008, compared to $2.77 million during the same quarter of 2007.
Allen Wang, CEO of China Sunergy, said: I am pleased to report another quarter during which we have grown revenues, improved margins and strengthened our balance sheet. The important steps we have taken over the past year to improve operational efficiency and develop market leading products are beginning to show genuine improvements to our bottom line and this gives me confidence that we are better positioned than ever for future growth.
