Solar Enertech Corp. announced earnings results for the second quarter and six months ended March 31, 2008. For the quarter, the company reported an operating loss of $5,656,000, net income of $15,800,000 or $0.15 per basic and $0.03 per diluted share on the net sales of $3,471,000 against the operating loss of $2,433,000, net loss of $40,248,000 or $0.51 per basic and diluted share on the net sales of $3,000 for the same period a year ago. The sequential revenue growth was lower than expected due to a delayed production schedule caused by a temporary shortage in raw material supply and a severe winter storm in China in February. For the six months, the company reported an operating loss of $10,466,000, net income of $11,898,000 or $0.13 per basic and $0.07 per diluted share on the net sales of $3,471,000 against the operating loss of $5,044,000, net loss of $42,853,000 or $0.55 per basic and diluted share on the net sales of $3,000 for the same period a year ago. For the fiscal 2008 third quarter ending June 30, 2008, the company expects module revenue to be in the range of $8.5 million to $9.5 million.

Solar Enertech Corp., Annual General Meeting, May 05, 2008, at 16:00 Pacific Daylight. Location: Silicon Valley office of DLA Piper US LLP, 2000 University Avenue, East Palo Alto, CA 94303, United States. Agenda: To elect five (5) directors to hold office until their respective successors are elected and qualified; to ratify the appointment of Ernst & Young Hua Ming as independent auditors for the fiscal year ending September 30, 2008; to approve the amendment and restatement of 2007 Equity Incentive Plan; to approve an Agreement and Plan of Merger pursuant to which Solar Enertech will reincorporate from the State of Nevada to the State of Delaware; to approve an increase in the amount of the Company´s authorized shares of common stock from 200,000,000 to 400,000,000; to approve any adjournments of the meeting to another time or place, if necessary in the judgment of the proxy holders, for the purpose of soliciting additional proxies in favor of any of the foregoing proposals; to transact such other business as may properly come before the meeting .

Solar Enertech Corp. - Conference Presentation Calls