May 30, 2012 (Chinavestor) Chinese solar power manufacturer, Yingli Green Energy (NYSE:YGE), reported 2012 first quarter earnings today. The company achieved a record shipment of PV modules but at lower prices, maintaining a low gross margin of 7.8%. Compared to previous quarter and to the industry, a net loss of $45.0 million looks very good and should margins pick up in the second part of the year, the company may be able to return to profitability in 2013.When that happens, the early investors at current stock prices will be very happy...
To put Yingli's numbers into perspective, chak out how insutry leader Suntech Power (NYSE:STP) and Trina Solar (NYSE:TSL) did this quarter. TSL vs. STP.
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