The Komax Group posted its first half 2010 sales and new order figures, which show first-half sales at CHF 157.7 million and new orders doubled to CHF 168.5 million. Komax Group has attained a net profit of CHF 8.6 million and an EBIT level with a profit of CHF 12.3 million. The solar division of Komax demonstrated a 26% sales increase to CHF 28.3 million, for which the company attributes a strong demand from Asian customers for the new Stringer X2.
Komax Solar acknowledged that lower silicon prices helped the crystalline technology business, but had a more negative impact on thin-film. With this in mind, although the division had a positive EBIT for the crystalline sector, the loss in thin-film contributed to an overall loss for the solar unit with an EBIT of CHF -3.3 million.