Hardly razor thin margins at 20%. That fool is making stuff up.
These should be the projects with gross margins in excess of 20 %, as per the Q1 report, page 1.
Just as they said in the Q1 report. We should expect to see more project sales in this 2nd half 2016.
So they can make room on their balance sheet for their new power plants coming on line.
As per the Q1 report.
This has been he case for some time now.
Maybe HPJ could help.
Q1 report, page 10
Renewable power to replace electricity generation.
These power plant sales will be made, as the company adds new plants to their "fleet".
As per the Q1 report, these sales will have gross margins in excess of 20%.
They will begin to sell some of these solar power plants in the 2nd half of 2016, as they build more plants.
2016 revenue expected to be between $ 3.0 B and $ 3.6 B, as per Q1 report.
They say these sales will have gross margins of excess of 20%.
2016 revenue expected to be $ 3.0 B to $ 3.6 B
Second half of 2016 is going to be very big.
27 % being made outside of China. ( I'll bet Apple can't say that about it's products. )
This is a massive amount of future business.