First Solar Posts USD 349.4 Million Q2 Profit, Doubling Year-Over-Year

First Solar, a US-based thin-film photovoltaics manufacturer, reported a second-quarter net profit of USD 349.4 million (EUR 323 million), more than doubling its net income from the same period last year. The company's gross profit for the three months increased by 60.7% year-on-year, with the gross margin rising to 49.4% from 38.3%. This growth was