Jetion eyes North America

By David Blackwell
Published: September 23 2008 03:00

The addition of two production lines following flotation on Aim in the summer of last year helped Jetion, which makes solar cells in China's Jiangsu province, lift first-half turnover from $38.6m to $100.7m (£55m).
The company, which exports more than 80 per cent of its output to Europe, hopes to start selling in North America next year.
Pre-tax profits for the six months to June 30 were $12.1m, up from $2.8m.
The shares - pitched at 151p for the IPO, which raised £30m - closed up 1p at 79p. The company said it was considering further expansion .David Blackwell
Copyright The Financial Times Limited 2008