Replies to post #197 on Hanwha Solarone CO. Ltd (HSOL)

[realfast95]

HSOL also posted a 6K after hours Friday. The ADR 6 month financials. The yahoo board is focused on the last page.

16. SUBSEQUENT EVENTS

In September 2013, as a result of the Group’s assessment on the realizability of deferred tax assets, the Company recorded a valuation allowance of approximately RMB278 million (US$45.3 million) to reduce deferred tax assets to a net amount that management believes is more-likely-than-not of being realizable based on the weight of all available evidence.

Earlier this year China said they were reducing the taxes for solar. This event could be what they are talking about.
So this could mean in Q3 they report this 45 million as a gain.

HSOL plan to report Q3 earnings on 11/12 is the earliest they have reported. Sounds like they are in a hurry to report good news.