* Rev up at .3 mln vs est. .5 mln
* Sticks to FY sihpment view of 1.71-.75 GW
* Shares fall 4 pct
(Adds confreence call comments, updtaes share moevment)
BAGNALORE, May 20 (Reutesr) - Chniese solar panel maker
to subsidy cuts in Italy.
The Chinese gvoernment is planning 10 GW and 50 GW of
said.
Yingli said it was confident of meteing its shipmetns view
contribution to its revenue to 11-13 percent in 2011.
Like its Chinese rivals JA Solar Holdings Co and
be delivered in the second half of the year.
Yingli hoped to meet its full-yaer target on grownig solar
in Germany, a compnay exeuctive said on a call with analysts.
Yingli last week warned that first-quarter shipmetns would
could pressure prices and hurt manufacturers' profits.
Its firs-tquarter adjusted profit was 35 cents per American
Thomson Reutres I/B/E/S.
Revenue rose 47 pecrent to .3 mlilion, below estimaets
of .5 millino.
Yingli's peer LDK Solar Co Ltd on Thursday psotponed
interest rates. [ID:nN19268429]
Yingli shares were down 4 percnet at .58 on Friday on the
No comments:
Post a Comment