Yingli Green loss narrows on steady solar panel prices
March 18 (Reuters) - Chinese solar panel maker Yingli Green Energy Holding Co Ltd reported a smaller quarterly loss as panel prices stabilize after falling for four years.
Yingli's net loss shrank to $128.2 million, or 82 cents per American depositary share (ADS), in the quarter ended Dec. 31, from $200.5 million, or $1.28 per ADS, a year earlier.
Revenue rose about 31 percent to $613 million.
Panel prices have steadied after a four-year decline, caused by excess supply and withdrawal of consumer subsidies in top European markets. (Reporting by Swetha Gopinath in Bangalore; Editing by Saumyadeb Chakrabarty)
DAVOS, Switzerland - Central banks have done their best to rescue the world economy by printing money and politicians must now act fast to enact structural reforms and pro-investment policies to boost growth, central bankers said on Saturday.