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_EEInvestor版 - LDK $12.6M to 4Q 'doubtful recoveries' zz
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SUNNYVALE, Calif. (AP) -- LDK Solar Co., which makes wafers for solar cells,
said Wednesday it will need to account another $12.6 million for "doubtful
recoveries," in the fourth quarter of 2009, that is, money it may not
receive.
The company said the additional provision for doubtful recoveries was based
on updated information about its customers' repayment ability and its
suppliers' ability to honor contract terms to deliver products or refund
money.
As a result, the company's loss for the qua
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