Profit on horizon for Yingli Green
By Lyu Chang | China Daily | Updated: 2014-06-19 07:10

Financial outlook brightens for solar power firm after 11 quarters of losses
Investors tied to solar power may expect big gains in the stock of Yingli Green Energy, as the world's largest solar-panel maker and supplier said it expected a profit for the current quarter after an industry shakeout and cost reductions.
Solar companies have stumbled for the past few years amid overcapacity and high punitive duties from the United States and Europe. Yingli hasn't generated a profit for the past 11 quarters.
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