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[LDK] LDK Solar Co LTD ADR

Symbol: LDK
Website: click here

11/19/2008 06:10am
LDK Solar Co LTD ADR Reports Q3 $0.77 v $0.71e, R $541.8M v $486.7Me - filing

- Gross Margins 22.7% v 25.4% q/q and 30.8% y/y respectively.
- Guides Q4 Revenues $555-565M v $513Me.
- Guides Q4 wafer shipments 260-270MW, GM 18-21%

- Guides FY09 Rev $2.9-3.1B v $2.56Be
- Guides FY08 gross margins 26-31%
- Guides FY09 wafer shipments 1.80-1.85GW
- Guides FY09 annualized wafer capacity 2.3GW

- Guides FY08 annualized wafer capacity of 1.4GW


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