| Solar panel maker Yingli posts smaller 4th-qtr loss as costs fall | |
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March 25 (Reuters) - Solar panel maker Yingli Green Energy Holding Co Ltd reported a smaller fourth-quarter loss, helped by lower costs. Net loss attributable to Yingli narrowed to $88.7 million, or 49 cents per American depositary share (ADS), in the quarter ended Dec. 31, from $128.2 million, or 82 cents per ADS, a year earlier. Gross margins rose to 16.8 percent from 12.2 percent, the company said. Revenue fell 9.4 percent to $555.5 million. Total cost of revenue fell 14.2 percent to $462.2 million. (Reporting by Anannya Pramanick in Bengaluru; Editing by Simon Jennings)
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Yingli Green Energy Holding Co. Ltd.
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CODE : YGE |
ISIN : US98584B1035 |
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ProfileMarket IndicatorsVALUE : Projects & res.Press releasesAnnual reportRISK : Asset profileContact Cpy |
Yingli Green is based in China. Yingli Green is listed in Germany and in United States of America. Its market capitalisation is US$ 261.7 millions as of today (€ 224.0 millions). Its stock quote reached its highest recent level on May 15, 2009 at US$ 9.62, and its lowest recent point on November 30, 2012 at US$ 1.25. Yingli Green has 181 764 000 shares outstanding. |