UPDATE: China Sunergy Posts Q1 Loss

China Sunergy Co CSUN reported a wider loss in the first quarter. China Sunergy posted a quarterly net loss of $22.9 million, or $1.71 per American Depositary Share, versus a year-ago loss of $9.6 million, or $0.71 per ADS. Its revenue dropped 10% to $61.7 million. China Sunergy shares closed at $2.12 on Friday.