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Profit on horizon for Yingli Green

By Lyu Chang | China Daily | Updated: 2014-06-19 07:10

Profit on horizon for Yingli Green

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.

Profit on horizon for Yingli Green

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