Yingli Green Energy (YGE) Posts Wider than Expected Q1 Loss; Guides Q2, FY15 PV Module Shipments

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Yingli Green Energy Reports First Quarter 2015 Results

June 5, 2015 7:25 AM EDT

BAODING, China, June 5, 2015 /PRNewswire/ -- Yingli Green Energy Holding Company Limited ("Yingli Green Energy" or the "Company") (NYSE: YGE), one of the world's leading solar panel manufacturers, known as "Yingli Solar" or "Yingli", today announced its unaudited consolidated financial results for the quarter ended March 31, 2015.

First Quarter 2015 Consolidated Financial and Operating Summary

Total net revenues were RMB2,905.8 million (US$468.7 million). Total photovoltaic ("PV") module shipments (including shipments for PV systems to the Company's own downstream PV projects[1]) were 754.2MW. Gross profit was... More