Yingli Green Energy (YGE) Misses Q1 EPS by 8c; Updates on Alt. Financing Plans

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Yingli Green Energy Reports First Quarter 2016 Results

June 14, 2016 6:30 AM EDT

BAODING, China, June 14, 2016 /PRNewswire/ -- Yingli Green Energy Holding Company Limited (NYSE: YGE) ("Yingli Green Energy" or the "Company"), one of the world's leading solar panel manufacturers, known as "Yingli Solar," today announced its unaudited consolidated financial results for the quarter ended March 31, 2016.

First Quarter 2016 Consolidated Financial and Operating Summary

Total net revenues were RMB2,351.1 million (US$364.6 million), compared to RMB2,110.0 million in the fourth quarter of 2015. Total photovoltaic ("PV") module shipments1 were 508.1 MW, compared to 504.5MW in the fourth quarter of 2015. Gross... More