Sunpower has beat streets expectations. in UOB kay hian's estimate, FY2018 earnings is 246.8m RMB after adjustment of convertible bonds. Sunpower has just released results earning 265m RMB.
The management annouced "higher than expected growth in GI" and expects to "further improve earnings growth with quality in the next phase"
very strong performance in the stock price today (+3 cents) 52.5 cents.
the overall market was gloomy. Sunpower's Green Investments segment has delivered higher and higher operating cashflow. We can expect further progress as new projects come on stream.