Yingli Green Energy (YGE) Tops Q2 EPS Views; Updates on Debt Repayment, Alr. Financing Plans

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Yingli Green Energy Reports Second Quarter 2016 Results

August 23, 2016 6:30 AM EDT

BAODING, China, Aug. 23, 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 June 30, 2016.

Second Quarter 2016 Consolidated Financial and Operating Summary

Total net revenues were RMB2,524.1 million (US$379.8 million), compared to RMB2,351.1 million in the first quarter of 2016. Total photovoltaic ("PV") module shipments1 were 662.0MW, compared to 508.1MW in the first quarter of 2016. Gross profit... More