31 Aug '15, 6am

Yingli Solar delays publication of Q2, 2015 results, announces bisected gross margins

Yingli Solar delays publication of Q2, 2015 results, announces bisected gross margins Yingli Solar refers to a decrease in average selling price of PV modules and more shipments to China as reasons for decreasing gross margins Yingli Green Energy Holding Company Limited (Baoding, China), known as “ Yingli Solar” on August 28th , 2015 announced that it plans to release its unaudited financial results for the quarter ended June 30th , 2015, before the U.S. market opens on September 8th , 2015. Based upon preliminary data, the Company estimates that its solar photovoltaic (PV) module shipments in the second quarter of 2015 were in the range of 720-730 MW, which was within the range announced in the previous guidance. Q2 gross margin expected 50% below Q1 The Company estimates its overall gross margin in the second quarter of 2015 was in the range of 6% to 7% (Q1, 2015: 14.1%)...

Full article: http://www.solarserver.com/solar-magazine/solar-news/curr...

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