Key Takeaways From Yingli Green Energy's Q1 And What Lies Ahead

Quarterly revenues grew by about 8.4% year-over-year to about $469 million, driven by strong module demand in Japan, lower-than-expected seasonality in the Chinese market and relatively stable average selling prices. However, net losses widened to $58.6 million from about $55 million a year ago, owing to stubbornly high interest costs and a $21 million foreign exchange loss, relating to the weakness of the Euro and the Yen against the Yuan. While Yingli shares soared by over 22% following the ea...