JA Solar reports first-quarter growth

JA Solar Holdings, which manufactures solar-power products, has announced revenue of RMB1.9bn (£188m) for the first quarter of 2010.

This was an increase of 17.1 per cent from the RMB1.6bn reported in the fourth quarter of 2009. 

Operating income in the first quarter of 2010 was RMB352.9m, compared with RMB245.5m in the fourth quarter of 2009.

Operating margin was 18.5 per cent in the first quarter of 2010, compared with 15.1 per cent in the fourth quarter of 2009.