在2010年第一季度天合光能的净收入3.368亿美元，比上季度增长了7.5％，比去年同期度增长了155.0％。总出货量高达到192.6 MW，总出货量连续增长主要由于需求量不断增。其中欧洲市场增长最为突出。主要原因在于该公司的品牌认知度有所提高，产品不但与新建立的光伏市场需求相结合，也与德国关税变更前的光伏系统安装需求相统一。2010年第一季度毛利为1.042亿美元，与2009年第四季度的1.022亿美元及2009年第一季度的2270万美元相比增长显著。2010年第一季度的毛利率为30..9%，相较而言由于硅的平均采购价格偏低，该公司之前的毛利率大约在26%——28%。该公司将继续集中力量提高效率，减少每瓦生产成本，提高供应链管理。
Trina Solar's net revenues in the first quarter of 2010 were $336.8 million, an increase of 7.5% sequentially
and an increase of 155.0% yearoveryear. Total shipments were 192.6 MW, compared to the Company's previous guidance of 180 MW to 190 MW, versus 163.7 MW in the fourth quarter of 2009 and 48.8 MW in
the first quarter of 2009. The sequential increase in total shipments was primarily due to increased demand in
European markets, due, in part to increased brand recognition for our products in new and established PV
markets, combined with increased demand to install new PV systems ahead of tariff adjustments in Germany.
Gross profit in the first quarter of 2010 was $104.2 million, compared to $102.2 million in the fourth quarter
of 2009 and $22.7 million in the first quarter of 2009. Gross margin was 30.9% in the first quarter of 2010,
compared to the Company's previous guidance of 26% to 28%, which was primarily due to lower average
silicon purchase prices. The gross margin was 32.6% in the fourth quarter of 2009 and 17.2% in the first
quarter of 2009. The year increase in gross margin was primarily due to the Company's favorable reduction
of its silicon purchase price and nonsilicon manufacturing costs relative to module ASP decline. The Company
continued its focus efforts to reduce its manufacturing cost per watt through ongoing efficiency gains linked
to its lean manufacturing initiatives and improved supply chain management.
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