Yingli Green Energy (YGE) Posts Q3 Loss of $2.80/Share

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Yingli Green Energy Reports Third Quarter 2016 Results

December 8, 2016 6:30 AM EST

BAODING, China, Dec. 8, 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 September 30, 2016.

Third Quarter 2016 Consolidated Financial and Operating Summary

Total net revenues were RMB1,459.6 million (US$218.9 million), compared to RMB2,524.1 million in the second quarter of 2016. Total photovoltaic ("PV") module shipments1 were 365.3MW, compared to 662.0MW in the second quarter of 2016. Gross profit... More