Aug 27 Yingli Green Energy Holding Co Ltd
reported a smaller loss for the fifth straight quarter,
helped by rising demand for solar modules from China, Japan, the
United Kingdom and other new markets.
The net loss attributable to Yingli narrowed to $46 million,
or 26 cents per American depositary share (ADS), in the second
quarter ended June 30, from $52.3 million, or 33 cents per ADS,
a year earlier.
Revenue fell to $549.5 million from $550.4 million, said the
company whose panels powered the Maracana stadium in Brazil
during the 2014 Fifa World Cup final.
Module shipments increased to 887.9 megawatts (MW) from
630.8 MW in the first quarter. Yingli had forecast shipments of
The company has not reported a profit since the third
quarter of 2011.
(Reporting By Shubhankar Chakravorty in Bangalore)