Q-Cells Narrows Loss After Curbing Costs, Malaysia
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Q-Cells SE, the German solar-cell maker that’s declined more than two-thirds in the stock market this year, narrowed its nine-month loss after increasing sales and moving more production to Malaysia to curb costs.
The net loss shrunk to 31 million euros ($42 million) from a 932 million-euro loss a year earlier, Thalheim-based Q-Cells reported today in a filing. Revenue climbed 79 percent to 967 million euros. The company’s shares rose 10 percent.