First Solar hit by lower prices and restructuring cost – new CEO

source: http://www.renewableenergyfocususa.com/view/25592/first-solar-hit-by-lower-prices-and-restructuring-cost-new-ceo/

First Solar fell into loss of US$ 449.4 million in the first quarter (Q1) of 2012, compared with a net profit of US$116m in the same period last year, as the company was hit by low prices for solar and restructuring costs.

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