(Reuters) - The company, which has bagged three polysilicon supply
contracts this year, said it expects to post a loss for the
second quarter as well on increased costs.
The costs are related to the company's plans to build and
equip a polysilicon production facility at an estimated cost of
more than $260 million.
For the first quarter, Hoku posted a loss of 4 cents a share,
compared with earnings of 2 cents a share a year ago. Revenue
fell marginally to $1.1 million.
Read more at Reuters.com Market News
contracts this year, said it expects to post a loss for the
second quarter as well on increased costs.
The costs are related to the company's plans to build and
equip a polysilicon production facility at an estimated cost of
more than $260 million.
For the first quarter, Hoku posted a loss of 4 cents a share,
compared with earnings of 2 cents a share a year ago. Revenue
fell marginally to $1.1 million.
Read more at Reuters.com Market News
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