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SolarWorld net profit up 6% in Q2 2010

SolarWorld AG has reported a 6% increase in profit after tax to €29.6 million for the second quarter (Q2) of 2010.

The increase came as revenues jumped 69% to €383.8m and the EBIT improved by 24% to €56.4m.

SolarWorld also reported an almost doubling (90%) of shipments for the quarter, bringing the total up to 237 MW.

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Photovoltaics (PV)  •  Policy, investment and markets  •  Solar electricity