Trina Solar quarterly profit falls 31 pct as costs rise
March 4 (Reuters) - Trina Solar Ltd reported a 31 percent fall in quarterly profit, hurt by higher costs and a loss on foreign exchange.
Net profit attributable to Trina Solar fell to $10.6 million, or 13 cents per American depositary share (ADS), in the fourth quarter ended Dec. 31, from $15.5 million, or 21 cents per ADS, a year earlier.
Revenue rose 34 percent to $705 million.
Total module shipments rose to 1,098.8 megawatts (MW) from 770.1 MW.
(Reporting By Shubhankar Chakravorty in Bengaluru; Editing by Sriraj Kalluvila)
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