Hoku Scientific, a diversified clean energy technologies company, ascribed the decrease in revenue and increase in payroll expenses to its fiscal net loss.
The company’s net loss for the fiscal year constituted $4.3 million, or 26 cents per share, compared with a loss of $2.8 million, or 17 cents per share the previous year.
The loss resulted in reduced revenues – from $5.4 million in fiscal 2007 to $3.2 million this year.
The company forecasts further losses during the construction of its polysilicon plant in Pocatello, Idaho.
More than 5.8 million people voted for Nicholas Maduro at the presidential election in Venezuela. This is more than a quarter of registered voters. Why did those people vote for the man, who, as Western media write, took Venezuela to the brink of collapse?
Putin's official spokesman Dmitry Peskov commented on remarks in the US media about failures in launching nuclear-capable missiles in Russia