Silicon product manufacturer Solarfun Power Holdings has reported its unaudited financial results for the quarter ended 30 September 2010.
Total net revenues were $326.7m (£202.7m), up 24.7 per cent from the previous quarter and up 121.5 per cent year-over-year.
Gross profit in the third quarter increased 34.6 per cent quarter-over-quarter to $74.2m and increased 142.8 per cent from the same period a year ago.
Gross margin increased to 22.7 per cent compared with 21 per cent in the previous quarter.
Operating income increased 45.5 per cent quarter-over-quarter to $58.6m and increased 202.8 per cent year-over-year.
Operating margin improved to 17.9 per cent from 15.4 per cent in the second quarter of 2010.