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Yingli posts smaller loss as solar panel prices rise
June 17, 2014 / 11:11 AM / 4 years ago

Yingli posts smaller loss as solar panel prices rise

June 17 (Reuters) - Yingli Green Energy Holding Co Ltd reported a smaller first-quarter loss, helped by an increase in panel prices.

The company’s net loss nearly halved to $55 million, or 35 cents per American Depositary Share (ADS), in the first quarter ended March 31.

Revenue was nearly unchanged at $432.2 million. (Reporting By Sneha Banerjee in Bangalore; Editing by Saumyadeb Chakrabarty)

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